Multiple Choice
When a nonprice change affects any of the four components of GDP the:
A) aggregate demand curve will shift left or right.
B) economy will move up or down along the aggregate demand curve.
C) aggregate demand curve will remain unaffected.
D) aggregate supply with shift left or right.
Correct Answer:

Verified
Correct Answer:
Verified
Q147: An economy in which output has decreased
Q148: One way the government can boost the
Q149: Using Figure 1 above, if the aggregate
Q150: An aggregate supply curve that is a
Q151: When the price level increases people:<br>A) demand
Q153: Using Figure 1 above, if the aggregate
Q154: If the government does not react to
Q155: If consumption increases in general the aggregate
Q156: The wealth effect explains the:<br>A) negative relationship
Q157: A rise in the overall price level