Solved

Which of the Following Results If the Aggregate Quantity Supplied

Question 33

Multiple Choice

Which of the following results if the aggregate quantity supplied exceeds the aggregate quantity demanded?


A) Aggregate demand shifts to the right
B) Aggregate supply shifts to the right
C) A surplus pushes the average prices down to macro equilibrium
D) A shortage pushes the average prices up to macro equilibrium

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q28: Figure 11.1: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5714/.jpg" alt="Figure 11.1:

Q29: Most modern economists believe the economy performs

Q30: Which theories of the economy lead to

Q31: Figure 11.2: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5714/.jpg" alt="Figure 11.2:

Q32: Figure 11.1: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5714/.jpg" alt="Figure 11.1:

Q34: If the price level is:<br>A) Above equilibrium,this

Q35: Macroeconomics is the study of individual businesses

Q36: A critical macroeconomic controversy is whether a

Q37: According to monetary theories,an increase in the

Q38: Which of the following is a measure