Question
Hello, Please help me on the following assignments. I just want check mine. QUESTION 5 An increase in the price level will cause an increase
Hello,
Please help me on the following assignments. I just want check mine.
QUESTION 5
An increase in the price level will cause
an increase in the quantity of aggregate output supplied
a decrease in the quantity of aggregate output supplied
a leftward shift of the aggregate supply curve
a rightward shift of the aggregate supply curve
a leftward or rightward shift of the aggregate supply curve, depending on the reason for the price change
QUESTION 6
If the aggregate demand curve shifts rightward,
the price level increases and output decreases
the resulting increase in the price level is usually called cost-push inflation
the resulting increase in the price level is usually called demand-pull inflation
the price level increases only if there is also a leftward shift of the aggregate supply curve
the price level decreases and output decreases
QUESTION 11
During the Great Depression,
unemployment and prices increased while output decreased
unemployment increased while output and prices decreased
unemployment and prices decreased while output increased
unemployment and output decreased while prices increased
unemployment and output increased while prices decreased
QUESTION 24
An increase in the interest rate, other things constant, will
shift the demand for loanable funds curve to the right
shift the demand for loanable funds curve to the left
decrease the quantity of loanable funds supplied
decrease the quantity of loanable funds demanded
shift the supply of loanable funds curve to the right
QUESTION 39
GDP is a poor measure of social well-being because
the value of leisure time is not counted in GDP
revenue earned on U.S. exports is ignored
each dollar of government spending is valued at less than one-half of private spending
consumer spending is more important than business spending and should be considered more valuable
it values products at their market prices but ignores services produced
Thank you very much!
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