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28 Sep 2019
10,A change in the price levelâ ________ the AE curve andâ ________ the AD curve. A. âshifts; shifts B. has no effectâ on; results in a movement along C. results in a movementâ along; results in a movement along D. results in a movementâ along; shifts E. âshifts; results in a movement along
17,When the price levelâ falls, the aggregate planned expenditure curve shiftsâ ________, equilibrium expenditureâ ________ and there is a movementâ ________ along the aggregate demand curve. A. âupward; increases; upward B. âdownward; decreases; downward C. âupward; decreases; downward D. âupward; increases; downward E. âdownward; increases; upward
21,Which of the following increases the size of the expenditureâ multiplier? A. an increase in autonomous spending B. a decrease in the marginal propensity to consume C. a decrease in the marginal propensity to import D. an increase in the marginal income tax rate E. an increase in investment
23,If the quantity of real GDP demanded is greater than the quantity of real GDPâ supplied, then A. the price level falls and firms decrease production. B. aggregate demand changes to restore equilibrium. C. the economy must be producing at potential GDP. D. the price level falls to restore the macroeconomic equilibrium E. the price level rises and firms increase production.
24, ________ can trigger an expansion. A. Equality between aggregate expenditure and real GDP B. A decrease in induced expenditure C. A downward shift of the AE line D. An increase in autonomous expenditure E. A decrease in autonomous expenditure
10,A change in the price levelâ ________ the AE curve andâ ________ the AD curve.
A.
âshifts; shifts
B.
has no effectâ on; results in a movement along
C.
results in a movementâ along; results in a movement along
D.
results in a movementâ along; shifts
E.
âshifts; results in a movement along
17,When the price levelâ falls, the aggregate planned expenditure curve shiftsâ ________, equilibrium expenditureâ ________ and there is a movementâ ________ along the aggregate demand curve.
A.
âupward; increases; upward
B.
âdownward; decreases; downward
C.
âupward; decreases; downward
D.
âupward; increases; downward
E.
âdownward; increases; upward
21,Which of the following increases the size of the expenditureâ multiplier?
A.
an increase in autonomous spending
B.
a decrease in the marginal propensity to consume
C.
a decrease in the marginal propensity to import
D.
an increase in the marginal income tax rate
E.
an increase in investment
23,If the quantity of real GDP demanded is greater than the quantity of real GDPâ supplied, then
A.
the price level falls and firms decrease production.
B.
aggregate demand changes to restore equilibrium.
C.
the economy must be producing at potential GDP.
D.
the price level falls to restore the macroeconomic equilibrium
E.
the price level rises and firms increase production.
24, ________ can trigger an expansion.
A.
Equality between aggregate expenditure and real GDP
B.
A decrease in induced expenditure
C.
A downward shift of the AE line
D.
An increase in autonomous expenditure
E.
A decrease in autonomous expenditure
yournotesbuddyLv10
21 Mar 2023
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Chika IlonahLv10
28 Sep 2019
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