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Question 4 Identify the word, concept, or expression most closely related to the word, concept, or expression below: Leakage a) Marginal propensity to spend b) Zero savingsSavings45-degree line c) Unplanned inventory change d) Average propensity to consume. Question 5 Identify the word, concept, or expression most closely related to the word, concept, or expression below: Volatile Component of Aggregate Expenditures a) Government Expenditures b) Business Investment Expenditures c) Exports d) Housing Starts e) Unplanned Inventory Change f) Corporate Stock Price Question 6 Identify the word, concept, or expression most closely related to the word, concept, or expression below: Gross Domestic Product (GDP) a) Total Expenditures b) Nominal Interest Rates c) Exports d) Actual Expenditures e) Progressive Income Tax ) Money Question 7 An increase in households' wealth will increase the marginal propensity to consume. a) Truc b) False Question 8 In macroeconomic models, savings is considered an injection as it represents households' injection into the economy. a) True b) False Question 9 Households' autonomous savings is the same as autonomous consumption. a) True 6) False Question 10 If we know households' marginal propensity to consume, we also exactly know the marginal propensity to save. a) True b) False Question 11 What kind of economic shock does the following statement represent? Stock markets crush on market disruptions from COVID-19: a) Negative Aggregate Supply Shock b) Positive Aggregate Supply Shock c) Positive Aggregate Demand Shock d) Changes Long-Run Aggregate Supply e) Changes both Short-run and Long-run Aggregate Supply f) Negative Aggregate Demand Shock Question 12 What kind of economic shock does the following statement represent? Labour Unions militantly bargain for large wage increases a) Changes Long-Run Aggregate Supply b) Negative Aggregate Supply Shock Positive Aggregate Demand Shock d) Positive Aggregate Supply Shock e) Negative Aggregate Demand Shock () Changes both Short-run and Long-run Aggregate Supply Question 13 What kind of economic shock does the following statement represent? US imports from Canada fall under a growing "Buy American" attitude. For Canada, this represents a) Negative Aggregate Demand Shock b) Changes both Short-run and Long-run Aggregate Supply c) Changes Long-Run Aggregate Supply Negative Aggregate Supply Shock e) Positive Aggregate Demand Shock f) Positive Aggregate Supply Shock