econ202 quizThank you so muchJust the answer
QUESTION 1 A fall in a foreign country's income will most likely cause: 0A a reduction in US. exports, so the Us. aggregate demand curve shis left. 0 B. a reduction in US. exports, so the US. aggregate demand curve shis right. 0 C. an increase in U.S. exports, so the U.S. aggregate demand curve shifts left. 0 D. an increase in U.S. exports, so the U.S. aggregate demand curve shifts right. QUESTION 4 The long-run aggregate supply curve shows the output level that an economy can produce when: rms adjust quantity rather than price. OA- capital is fully employed. O B. labor is fully employed. 0 C. rms adjust quantity rather than price. 0 0- both capital and labor are Jlly employed. QUESTION 7 Suppose that consumers decide to save less and spend more. What effect would this have in the market for loanahle lnds? OA. It will increase interest rates and the quantity of funds lent will rise. 0 B. It will decrease interest rates and the quantity of funds lent will rise. 0 C. It will increase interest rates and the quantity of funds lent will fall, 0 D. It will decrease interest rates and the quantity of funds lent will fall, QUESTION 2 To combat ination in l955 and 1956, the Fed reduced the money supply. In terms of the ASI'AD model, this change should have: 0 A. shifted the AD curve to the left. 0 B. shifted the AD curve to the right. 0 C. made the AD curve atter. O D. made the AD curve steeper. QUESTION 5 Which of the following factors will not shi the long-run aggregate supply curve? 0A. An increase in capital accumulation O B. An increase in available resources OC. An increase in the price level 0 D. An improvement in production technology QUESTION 8 If actual output exceeds potential output for a prolonged period of time, we would eventually expect factor prices to: O A. rise. causing the SAS curve to shift up (to the left). 0 B. fall, causing the SAS curve to shi down (to the right). 0 C. rise, causing the LAS curve to shift out to the right. 0 D. fall, causing the LAS curve to shi in to the left. QUESTION 3 If the multiplier is 4, a $15 billion increase in government expenditures will shift the AD curve: CA. to the right by $15 billion. O a. to the left by $15 billion. CC. to the right by $60 billion. O o. to the left by $60 billion. QUESTION 6 Suppose that a business discovers an opportunity that requires funds to exploit. What effect would this have in the market for loanabie funds? OA- It will increase interest rates and the quantity of'f'unds lent will rise. 0 B. It will decrease interest rates and the quantity of funds 1cm will rise. 0 C. It will increase interest rates and the quantity of funds lent will fall. O D. It will decrease interest rates and the quantity of funds lent will fall. QUESTION 9 Between 1999 and 2009, the U.S. federal budget decit moved from a record surplus to a record decit. Other things being equal, the most likely effect of this shitt would be: OA. higher interest rates and increased investment. 03- higher interest rates and decreased investment. 0 C. lower interest rates and increased investment. 0 D. lower interest rates and decreased investment