The aggregate demand curve in the following graph will shift from ad1 to ad0 if
YAD1AD0ABP-Sheet 5Mcq question1.The Aggregate Demand curve in the following graphwill shift from AD1to AD0if(a)the output level decreased(b)the price level increased(c)net taxes increased(d)the money supply decreased Show 2 .In the same graph above the economy would move from point A to B along the AD0curve if 3.Aggregate supply refers to: C)the total quantity of goods and services that the nation’s government willingly produce andsell in a given period of time.D)the total quantity of goods and services that the nation’s businesses hope to produce andsell in a given period of time. 1. The interest-rate effect suggests that: 2. The foreign purchases effect suggests that a decrease in the Albanian price level relative to other countries will: 3. The foreign purchases effect: 4. Other things equal, if the national incomes of the major trading partners of Albania were to rise,
Albanian: 5. Which one of the following would not shift the aggregate demand curve? 6. Other things equal, a decrease in the real interest rate will: 7. An increase in net exports will shift the AD curve to the:
8. If investment increases by $10 billion and the economy's MPC is .8, the aggregate demand curve will shift: 9. Which of the following would most likely shift the aggregate demand curve to the right? 10. In an effort to avoid recession, the government implements a tax rebate program, effectively cutting taxes for households. We would expect this to: 11. The immediate-short-run aggregate supply curve is: 12.In the above diagram, the economy's immediate-short-run AS curve is line ___, its short-run AS curve is _____, and its long-run AS curve is line ___. 13 The shape of the immediate-short-run aggregate supply curve implies that: 14 The aggregate supply curve (short-run): 15 The aggregate supply curve (short-run) is upsloping because: 17 In the above diagram, a substantial appreciation of the Albanian Lek with no immediate change in the Albanian price level would result in a: 18 Which one of the following would increase per unit production cost and therefore shift the aggregate supply curve to the left? 19 Suppose that nominal wages fall and productivity rises in a particular economy. Other things equal, the aggregate: 20 The level of productivity in the above economy is:
21 If the price of each input is $5, the per-unit cost of production in the above economy is: 22 Refer to the above data. The equilibrium price level will be: 23 Refer to the above data. If the price level is 150 and producers supply $300 of real output: 24 Graphically, demand-pull inflation is shown as a:
25 Graphically, the full-employment, low-inflation, rapid-growth economy of the last half of the 1990s is depicted by a: 26 Refer to the above diagrams, in which AD1 and AS1 are the "before" curves and AD2 and AS2 are the "after" curves. A recession is depicted
by: 27 Refer to the above diagrams, in which AD1 and AS1 are the "before" curves and AD2 and AS2 are the "after" curves. Cost-push inflation is depicted by: 28 Refer to the above diagrams, in which AD1 and AS1 are the "before" curves and
AD2 and AS2 are the "after" curves. Other things equal, an increase in investment spending is depicted by: 29 Refer to the above diagrams, in which AD1 and AS1 are the "before" curves and AD2 and AS2 are the "after" curves. Other things equal, a decline in productivity is depicted by: 30 If aggregate demand decreases, and as a result, real output and employment decline but the price level remains unchanged, it is most likely that: 31 A rightward shift of the AD curve in the very steep upper part of the
upsloping AS curve will: 32 A rightward shift of the AD curve in the very flat part of the upsloping AS curve will: 33 A decrease in aggregate demand will cause a greater decline in real output the: 34 Refer to the above diagram. If
the aggregate supply curve shifted from AS0 to AS1, we could say that: 35. Refer to the above diagram. If
aggregate supply is AS1 and aggregate demand is AD0, then: What would cause the AD curve to shift to AD1?On the other hand, when the government increases taxes or reduces expenditure, consumer wealth decreases, which contracts the real GDP and shifts the aggregate demand curve to the left to AD1.
Which of the following would shift the aggregate demand curve from AD2 to AD1?Which of the following would shift the aggregate demand curve from AD2 to AD1? nominal wages and other input prices are fixed. change the aggregate supply schedule from (a) to (b) and result in an equilibrium level of real output of $500.
Which of the following factors will shift AD1 to AD2?Which of the following factors will shift AD1 to AD2? A decrease in the general price level.
Which of the following shifts the aggregate demand curve?A change in the price level causes a movement along the AD curve, while factors that affect the components of GDP (consumption, investment, government spending, net exports) will shift the AD curve.
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