Question
31)Given a downward sloping Aggregate Demand Curve, what would happen if the U.S. price level increased? Question 31 options: A)The amount of DomesticAggregate Output purchased
31)Given a downward sloping Aggregate Demand Curve, what would happen if the U.S. price level
increased?
Question 31 options:
A)The amount of DomesticAggregate Output purchased would increase.
B)The amount of Domestic Aggregate Output purchased would stay the same.
C)The amount of Domestic Aggregate Output purchased would decrease.
Question 32(1 point)
32)TheLong-Run Supply curveis:
Question 32 options:
A)Upward sloping.
B)Vertical.
C)Downward sloping.
Question 33(1 point)
33)The spending (income) multiplier will be strongest when:
Question 33 options:
A)The economy is in depression.
B)The economy is expanding (upturn or expansion).
C)The economy is at full employment.
Question 34(1 point)
34)Supply-Side fiscal policies focus on:
Question 34 options:
A)Increasing aggregate demand.
B)Shifting the Short-Run supply curve to the left.
C)Shifting the Long-Run supply curve to the right.
Question 35(1 point)
35)During a recession, "Automatic Stabilizers" will automatically:
Question 35 options:
A)Decrease transfer payments and increase tax revenues.
B)Increase transfer payments and decrease tax revenues
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