• Question 1
• 0 out of 1 points
• All of the following would increase aggregate demandEXCEPT____.
• Question 2
• 1 out of 1 points
• Consider the aggregate demand curve.All else equal,an increase in government spending will _____.
• Question 3
• 0 out of 1 points
• The creation of a new technology that raises productivity will ____.
• Question 4
• 0 out of 1 points
• When considering aggregate demand,an increase in the price level will ____.
• Question 5
• 0 out of 1 points
• Which of the following describes the effect of a decrease in aggregate demand the Classical model?
• Question 6
• 0 out of 1 points
• Which of the following will shift only the short-run aggregate supply curve?
• Question 7
• 1 out of 1 points
• Suppose the long-run aggregate supply curve has increased.We would expect the short-run aggregate supply to ___.
• Question 8
• 0 out of 1 points
• Use the diagram below to answer this question.Assume the economy begins at point 1in the diagram.A tariff has raised the price of steel (an input)imported from foreign producers.In the short run this would cause a shift from point 1 to ____.
• Question 9
• 0 out of 1 points
• In the short run,an increase in planned investment would ____.
• Question 10
• 0 out of 1 points
• A decrease in the price level causes _____.
• Question 11
• 1 out of 1 points
• The long-run aggregate supply curve is ____.
• Question 12
• 1 out of 1 points
• According to the interest rate effect _____.
• Question 13
• 0 out of 1 points
• Assume,all else equal,that government actions reduce regulatory costs.We would expect _____.
• Question 14
• 0 out of 1 points
• Use the diagram below to answer this question.Suppose firms become more optimistic and the aggregate demand shifts from AD1to AD2.Assuming there is no economic growth and the government remains idle,what can we expect the long-run equilibrium level of income and production to be?
• Question 15
• 0 out of 1 points
• In the short run,decreases in the aggregate demand curve will ____.