Multiple Choice
Which of the following will shift the aggregate demand curve to the left?
A) Income taxes are lowered.
B) The government increases spending on education.
C) Consumers become optimistic about the future.
D) A new technology is developed that will increase profits.
E) Foreign economies fall into recession,reducing their demand for domestic exports.
Correct Answer:
Verified
Correct Answer:
Verified
Q31: A shift in the position of the
Q32: During a period of stagflation,<br>A) output falls
Q33: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3713/.jpg" alt=" -The AD-AS model
Q34: An economy is characterized by the AD
Q35: Because decreases in the price level increase
Q37: The economy depicted in the diagram below
Q38: Starting from the initial long-run equilibrium at
Q39: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3713/.jpg" alt=" -The rightward shift
Q40: For the economy depicted in the diagram
Q41: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3713/.jpg" alt=" The SRAS is