ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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28. Which of the following are determinants of aggregate demand ? Choose all that apply.
A. a spike in net exports
B. the Federal Reserve lowering its interest rates
C. a change in technology
D. growing consumer confidence
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- The aggregate demand curve shows how real GDP purchased varies with changes in A. Unemployment B. Output C. The price level D. The interest ratearrow_forwardThe components of aggregate demand are: The components of aggregate demand are: A. consumption, investment, government and exports B. consumption, investment, government and imports C. consumption, investment, government and net exports D. consumption, investment, and net exports, since only private expenditures are includedarrow_forward3. Explain whether each of the following events will increase, decrease, or have no effect on longrun aggregate supply in your country. a. There is an increase in immigration into your country. b. Your government introduces a minimum wage above the market-clearing wage rate. c. Intel invents a new and more powerful computer chip. d. A severe flood damages factories.arrow_forward
- 5 Which of the following is not a reason for the increase in aggregate demand? a. Decrease in imports b. Increase in government expenditure c. Increase in consumption d. None of the options Clear my choicearrow_forwardSuppose home owners owe $8 trillion in mortgage loans. a. If the mortgage interest rate is 4 percent, approximately how much are home owners paying in annual mortgage interest? $ billion b. If the interest rate drops to 3.5 percent, by how much will annual interest payments decline? $ billion c. How will this change in the interest rate impact aggregate demand? Aggregate demand will .arrow_forwardAggregate Demand will increase if: A. Imports fall. B. Investment falls. C. Consumption falls. D. Exports fall.arrow_forward
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