Question
An aggregate demand curve shows the: Group of answer choices Level of real domestic output which will be produced at each possible price level Price
An aggregate demand curve shows the:
Group of answer choices
Level of real domestic output which will be produced at each possible price level
Price level at which real domestic output will be in equilibrium
Level of real domestic output which will be purchased at each possible price level
Price level at which real domestic output will be purchased
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Question 3
1pts
Input prices are fixed and output prices are flexible in case of:
Group of answer choices
Short-run aggregate supply
Long-run aggregate supply
Immediate-short-run aggregate supply
Aggregate demand
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Question 4
1pts
Potential real GDP is represented by:
Group of answer choices
Long-run aggregate supply
Immediate-short-run aggregate supply
Aggregate demand
Short-run aggregate supply
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Question 5
1pts
What happens to aggregate demand if the dollar appreciates?
Group of answer choices
Increases
Unknown
Decreases
No change
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Question 6
1pts
What happens to the aggregate demand if productivity of the resources increases?
Group of answer choices
Decreases
Increases
Unknown
No change
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Question 7
1pts
What happens to equilibrium real GDP if there is an expectation of increase in future income?
Group of answer choices
No change
Unknown
Decreases
Increases
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Question 8
1pts
What happens to equilibrium price level if prices of resources increase?
Group of answer choices
Unknown
Increases
Decreases
No change
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Question 9
1pts
What happens to the aggregate demand if real interest rate increases?
Group of answer choices
Increases
No change
Unknown
Decreases
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