Multiple Choice
Which combination of factors would most likely increase aggregate demand?
A) An increase in household indebtedness and a decrease in net exports
B) An increase in consumer wealth and a decrease in interest rates
C) An increase in personal taxes and a decrease in government spending
D) An increase in business taxes and a decrease in profit expectations
Correct Answer:
Verified
Correct Answer:
Verified
Q2: Which would most likely increase aggregate supply?<br>A)
Q3: The short-run aggregate supply curve shows the:<br>A)
Q5: The long-run aggregate supply curve is:<br>A) Upward-sloping
Q6: An increase in personal income tax rates
Q7: Suppose that an economy produces 2400 units
Q8: The aggregate demand curve or schedule shows
Q9: An increase in expected future income will:<br>A)
Q10: Cost-push inflation is characterized by a(n):<br>A) Increase
Q11: If the dollar appreciates in value relative
Q102: When the economy is experiencing demand-pull inflation,