Which of the following would be most likely to produce a leftward shift of the aggregate demand (AD) curve? a) an increase in exports b) an increase in energy costs c) a decrease in imports d) a decrease in government expenditure
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Which of the following would be most likely to produce a leftward shift of the aggregate demand (AD) curve?
a) an increase in exports
b) an increase in energy costs
c) a decrease in imports
d) a decrease in government expenditure
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- Which of the following will not cause Australia's Aggregate Demand curve to shift to the right? Consumers increase the proportion of their spending that is spent on imports Tax rates are decreased There is an increase in government spending The Australian dollar depreciatesWhich of the following would increase aggregate demand? A) Increase in taxation. B) Increase in savings. C) Decrease in consumption spending. D) Increase in government spending.a reccessionary gap exists when aggregates demand is above the full employment level of output
- Which of the following would shift aggregate demand to the right? Choose all that apply. Group of answer choices Increasing imports. Increasing exports. Increasing taxes. Increasing consumer confidence.If investment increases by 24 billion and the economy's MPC is 0 0.5, the aggregate demand curve will shift rightward by _____ billion dollars at each price level.Which of the following would shift the U.S. aggregate demand curve to the left? Select all correct answers. A drought reduces agricultural production. The economy of China slows and buys even fewer U.S.-made goods, An improvement in technology allows production to be more efficient. There is a rise in unemployment, decreasing the aggregate income of households. The value of the dollar decreases relative to foreign currencies.
- Which of the following would shift aggregate demand to the left? Choose all that apply. Group of answer choices Increasing imports. Increasing taxes. Increasing consumer confidence. Increasing exports.The federal government buys $20 million worth of computers from Dell. If the MPC is 0.60, what will be the impact on aggregate demand, other things being equal?Use the Aggregate supply and Aggregate Demand Model below to answer the questions that follow.Aggregate Supply and Aggregate Demand Model 1. Examine the influence of government expenditure on investment in a nation. Use Jot Inc. Ltd a multinational construction company in which you are the Chief Exec of the firm that that is highly diversified and recieves funds to construct highways and other government funded projects. Also, explain the factors that cause the Aggregate Demand curve to be downward sloping left to right
- Suppose the economy's short-run aggregate supply (AS) curve is given by the following equation: Quantity of Output Supplied = Natural Level of Output + a x (Price LevelActuat Price LevelExpecte The Greek letter a represents a number that determines how much output responds to unexpected changes in the price level. In this case, assume that a = $2 billion. That is, when the actual price level exceeds the expected price level by 1, the quantity of output supplied will exceed the natural level of output by $2 billion. Suppose the natural level of output is $50 billion of real GDP and that people expect a price level of 105. On the following graph, use the purple line (diamond symbol) to plot this economy's long-run aggregate supply (LRAS) curve. Then use the orange line segments (square symbol) to plot the economy's short-run aggregate supply (AS) curve at each of the following price levels: 95, 100, 105, 110, and 115. ? 125 120 AS 115 110 105 LRAS 100 95 90 85 80 75 10 20 30 40 50 60 70…>>>Use the Aggregate supply and Aggregate Demand Model below to answer the questions that follow. Aggregate Supply and Aggregate Demand Model Examine the influence of government expenditure on investment in a nation. Use Jot Inc. Ltd a multinational construction company in which you are the Chief Exec of the firm that is highly diversified and recieves funds to construct highways and other government funded projects. Also, explain the factors that cause the Aggregate Demand curve to be downward sloping left to right.(Figure: Determining SRAS Shifts) If there are advances in technology, the short-run aggregate supply curve will shift from SRAS to and the price level will shift to Aggregate Price Level (P) P₂ Po Q SRAS2; P1 SRAS1; P1 SRAS2; P2 SRAS1; PO SRAS2 Q₂ Qo Q₁ Aggregate Output (Q) SRASO AD SRAS₁
