Homework Answers
Ans: D ) Aggregate demand shifts down, the DD curve shifts to the left.
Explanation:
When households save more then aggregate consumption level will decrease in the economy . Because the household's spending is less due to more savings .As a result, aggregate demand shifts down, the DD curve shifts to the left.
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How would an increase in household's desire to save impact aggregate demand and the DD curve?...
Question 89 An increase in the price level will ________. A. shift the aggregate demand curve...
Question 89 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 a stationary aggregate demand curve D. move the economy down along a stationary aggregate demand curve BAM223 - PRINCIPLES OF ECONOMICS
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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...
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Which of the following shifts aggregate demand to the left?
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If the price level increases, then O A. the aggregate demand curve will shift to the...
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QUESTION 23 Which of the following shifts aggregate demand to the left? a. The price level...
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the government cuts tases or inereases government spending 20) ) the aggregate demand curve shifts to the right. tne long-run aggregate supply curve shifts to the left. C) the 20) When aggregate demand curve shifts to the left. the short-run aggregate supply curve shifts to the left. t spending without an accompanying increase 21) An increase in govenment spending n taxes demand A) does not increase aggregate B) would effectively eliminate an inflationary gap. Q mquires additional govemment borrowing spending...
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