Multiple Choice
If foreign real national income rises,the U.S.____________ curve shifts _____________.When labor productivity increases the _____________ curve shifts _______________.If both of these situations occur simultaneously,the combined result would be a(n) ______________ the price level and a(n) __________________ Real GDP in the United States.
A) AD; leftward; SRAS; rightward; decrease in; indeterminant impact on
B) AD; rightward; SRAS; leftward; increase in; indeterminant impact on
C) SRAS; leftward; SRAS rightward; indeterminant impact on; indeterminat impact on
D) AD; rightward; SRAS; rightward; indeterminant impact on; increase in
Correct Answer:

Verified
Correct Answer:
Verified
Q13: A change in labor productivity shifts the
Q14: The interest rate effect,the real balance effect,and
Q15: An increase in short-run aggregate supply is<br>A)
Q16: In the short run,an increase in investment,ceteris
Q17: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6439/.jpg" alt=" -Refer to Exhibit
Q19: Which of the following is consistent with
Q20: Starting from short-run equilibrium,the following occurs: the
Q21: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6439/.jpg" alt=" -Refer to Exhibit
Q22: A decrease in the price level<br>A) shifts
Q23: The AD curve shows that,as the price