Shifts in the aggregate-demand curve can cause fluctuations in Group of answer choices neither the level...
Shifts in the aggregate-demand curve can cause fluctuations in
Group of answer choices
neither the level of output nor the level of prices.
the level of output and in the level of prices.
the level of output, but not in the level of prices.
the level of prices, but not in the level of output.
Homework Answers
Correct option is (2).
A rightward (leftward) shift in aggregate demand will increase (decrease) price level and also increase (decrease) output.
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Shifts in the aggregate-demand curve can cause fluctuations
in
Group of answer choices
neither the level...
1. An above-full-employment equilibrium occurs when Group of answer choices aggregate demand decreases while neither the...
1. An above-full-employment equilibrium occurs when Group of answer choices aggregate demand decreases while neither the short-run nor long-run aggregate supply changes. short-run aggregate supply decreases while neither aggregate demand nor long-run aggregate supply changes. the equilibrium level of real GDP is greater than potential GDP. the equilibrium level of real GDP is less than potential GDP. 2. Which of the following shifts the aggregate demand curve rightward? Group of answer choices a decrease in consumption an increase in investment...
If aggregate demand shifts left, then in the short run Group of answer choices the price...
If aggregate demand shifts left, then in the short run Group of answer choices the price level and real GDP both rise. the price and real GDP both fall. the price level rises and real GDP falls. the price level falls and real GDP rises.
Which of the following shifts aggregate demand to the left?
Which of the following shifts aggregate demand to the left? a. Interest rates fall. b. Stock prices fall for some reason other than a change in the price level. c. The dollar depreciates for some reason other than a change in the price level. d. The price level rises. Which of the following shifts aggregate demand right? a. both a decrease in the price level and the implementation of an investment tax credit b. a decrease in the price level but not the implementation of an investment...
The aggregate-demand curve Group of answer choices is vertical in the long run. has a slope...
The aggregate-demand curve Group of answer choices is vertical in the long run. has a slope that is explained in the same way as the slope of the demand curve for a particular product. All of the above are correct. shows an inverse relation between the price level and the quantity of all goods and services demanded.
and 9. Changes in aggregate demand can cause fluctuations in in the long run. in the...
and 9. Changes in aggregate demand can cause fluctuations in in the long run. in the short run, and only
Determine whether the supply of resources increases would cause a shift of the aggregate demand curve...
Determine whether the supply of resources increases would cause a shift of the aggregate demand curve a shift of the aggregate supply curve neither or both. Which curve shift in which direction? What happened to the aggregate output and the price level in each case?
QUESTION 23 Which of the following shifts aggregate demand to the left? a. The price level...
QUESTION 23 Which of the following shifts aggregate demand to the left? a. The price level falls. b. The dollar depreciates for some reason other than a change in the price level. c. Stock prices fall for some reason other than a change in the price level. d. The price level rises. QUESTION 24 Aggregate demand shifts left when the government a. decreases taxes. b. cuts military expenditures. c. creates a new investment tax credit d. None of the above...
level of aggregate output if the aggrega All else equal, a cost shock that shifts the aggregate supply curve to the lef...
level of aggregate output if the aggrega All else equal, a cost shock that shifts the aggregate supply curve to the left leads to a demand curve is downward sloping. price level and a A. higher; lower B. higher; higher C. lower; lower D. lower; higher When the AD curve is vertical and a cost shock shifts the AS curve to the left, there is no change in output Α. False B. True
The short-run aggregate supply curve represents circumstances where Group of answer choices input prices are flexible,...
The short-run aggregate supply curve represents circumstances where Group of answer choices input prices are flexible, but output prices are fixed. input prices are fixed, but output prices are flexible. both input and output prices are flexible. both input and output prices are fixed.
(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...
and 9. Changes in aggregate demand can cause fluctuations in in the long run. in the short run, and only
level of aggregate output if the aggrega All else equal, a cost shock that shifts the aggregate supply curve to the left leads to a demand curve is downward sloping. price level and a A. higher; lower B. higher; higher C. lower; lower D. lower; higher When the AD curve is vertical and a cost shock shifts the AS curve to the left, there is no change in output Α. False B. True
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