Multiple Choice
In the summer of 2008,consumers indicated that they were less optimistic about the future of the economy.Such a change in sentiment is likely to
A) shift aggregate demand to the left.
B) increase output.
C) decrease unemployment.
D) increase prices.
Correct Answer:

Verified
Correct Answer:
Verified
Q2: The Fed lowered interest rates in 2007
Q3: Suppose aggregate demand fell.In order to stabilize
Q4: The Fed lowered interest rates in 2001
Q5: Fluctuations in employment and output result from
Q6: If the natural rate of unemployment is
Q8: If firms were faced with greater uncertainty
Q9: Policymakers following a "lean against the wind"
Q10: Which of the following is correct?<br>A)Economic forecasts
Q11: The Fed raised interest rates in 2004
Q12: A policymaker in favor of stabilizing the