5&6Homework Answers
a) "C"
This will shift the aggregate supply curve to the right as the firms in the market will be producing more at a given price level. The answer is "C".
b) True, that is the supply curve when the market is in a recession or just recovering form it.
Add Answer to:
5&6
5. Other things equal, if labor productivity improves, the: A. aggregate demand curve would shift...
QUESTION 6 The aggregate demand curve would shift to the right as a result of a...
QUESTION 6 The aggregate demand curve would shift to the right as a result of a drop in the foreign exchange value of the dollar. a decrease in the amount of money in circulation. a drop in the price level. tax increases. QUESTION 16 According to Keynesian economics using the modern short-run aggregate supply curve, if there are unutilized resources in the economy and the aggregate demand decreases real GDP will fall and price level will fall. real GDP will...
An increase in the price level will A) shift the aggregate demand curve to the left.
7) An increase in the price level will A) shift the aggregate demand curve to the left. B) shift the aggregate demand curve to the right. C) move the economy up along the aggregate demand curve. D) move the economy down along the aggregate demand curve. 8) Expansionary monetary policy involves A) reducing money supply and lowering taxes B) increasing money supply to decrease interest rate C) increasing government spending and cutting money supply D) increasing the interest rate and increasing taxes 9) Long-run macroeconomic equilibrium occurs when A) aggregate demand...
What might cause the Aggregate Demand curve to shift to the right? What does this mean...
What might cause the Aggregate Demand curve to shift to the right? What does this mean for the state of the economy? What might cause the Aggregate Demand curve to shift to the left? What does this mean for the state of the economy? Sometimes the Aggregate Supply curve is drawn as an upward sloping straight line--other times it is drawn initially flat, then upsloping, then very steep. How does the shape of the AS curve matter for the effect...
A stock market boom would shift the aggregate demand curve to the Right.To offset this change,...
A stock market boom would shift the aggregate demand curve to the Right.To offset this change, the Fed could increase the money supply. right. To offset this change, the Fed could decrease the money supply. left. To offset this change, the Fed could increase the money supply. left. To offset this change, the Fed could decrease the money supply. Other things the same, if the Fed increases the money supply, the interest rate rises so aggregate demand shifts right. rises...
An increase in wages, other things constant, would shift the short run aggregate supply curve upward....
An increase in wages, other things constant, would shift the short run aggregate supply curve upward. True or False, Explain your answer
During a recession consumption falls, causing the aggregate demand curve to shift to the ________. In...
During a recession consumption falls, causing the aggregate demand curve to shift to the ________. In response, the government can increase government spending to shift the ________. a. left; aggregate demand (AD) curve to the right b. left; short-run aggregate supply (SRAS) curve to the right c. right; aggregate demand (AD) curve to the left d. right; short-run aggregate supply (SRAS) curve to the right e. left; long-run aggregate supply (LRAS) curve to the right
Which of the following would cause the aggregate demand curve to shift to the right? ...
Which of the following would cause the aggregate demand curve to shift to the right? Group of answer choices an appreciation of the American dollar an increase in real interest rates a decrease in the money supply an increase in purchases by the federal government
Other things equal, an increase in productivity will: 1) reduce aggregate supply and increase real output....
Other things equal, an increase in productivity will: 1) reduce aggregate supply and increase real output. 2) reduce both the interest rate and the international value of the dollar. 3) increase both aggregate supply and real output. 4) increase net exports, increase investment, and reduce aggregate demand.
Question 1 (1 point) An increase in government spending will shift the aggregate demand curve to...
Question 1 (1 point) An increase in government spending will shift the aggregate demand curve to the left. True False Question 2 (1 point) When federal government spending exceeds tax revenues, the federal government runs a budget surplus True False Question 3 (1 point) Taxation and government spending are examples of fiscal policy tools used to stabilize an economy. True False Question 4 (1 point) Gross domestic product calculations count only final goods and services because: a one cannot calculate...
(1) Other things being equal, which of the following will increase aggregate expenditures? Group of answer...
(1) Other things being equal, which of the following will increase aggregate expenditures? Group of answer choices An increase in domestic prices relative to foreign prices A decrease in the interest rate A decrease in real wealth An increase in income taxes A decrease in government purchases of goods and services (2) If the current unemployment rate is 5 percent and the natural unemployment rate is 6 percent, then the economy is Group of answer choices producing a level of...
QUESTION 6 The aggregate demand curve would shift to the right as a result of a drop in the foreign exchange value of the dollar. a decrease in the amount of money in circulation. a drop in the price level. tax increases. QUESTION 16 According to Keynesian economics using the modern short-run aggregate supply curve, if there are unutilized resources in the economy and the aggregate demand decreases real GDP will fall and price level will fall. real GDP will...
Other things equal, an increase in productivity will: 1) reduce aggregate supply and increase real output. 2) reduce both the interest rate and the international value of the dollar. 3) increase both aggregate supply and real output. 4) increase net exports, increase investment, and reduce aggregate demand.
Most questions answered within 3 hours.
-
A 8.15- g bullet from a 9-mm pistol has a velocity of 366.0 m/s.
It strikes...
asked 1 hour ago -
The outstanding bonds of Alpha Extracts have a yield to maturity
of 7.4 percent and a...
asked 1 hour ago -
The Problem: The Case of the Harmonizing Vacations
Your CEO is exploring partnering with a European...
asked 2 hours ago -
A chemical equation is balanced by adding coefficients in front
of some formulas so that the...
asked 2 hours ago -
From the literature (reference your sources): What are the
lattice parameters of calcite and aragonite? Why...
asked 3 hours ago -
Your system is rejecting the question am asking which is
preceded by a case study. It...
asked 3 hours ago -
3. On January 2, 2000, Larry creates a trust with himself as
trustee. Larry as trustee...
asked 3 hours ago -
A member of the volleyball team spikes the ball. During this
process, she changes the velocity...
asked 3 hours ago -
Are adult gamers less likely to use a gaming console (Xbox,
PlayStation, Wii, etc...) than teen...
asked 4 hours ago -
The University of
Texas recently reported that 43% of college students aged 18-24
would spend their...
asked 4 hours ago -
The length of stay at a specific emergency department in
Phoenix, Arizona, in 2009 had a...
asked 3 hours ago -
. Please give the mechanism for this type of problem. Step by
Step
The toxin that...
asked 3 hours ago