Which of the following would shift the aggregate demand curve to the left?
A. An increase in exports.
B. An increase in investment.
C. An increase in government spending.
D. A decrease in government spending.
Answer: D
You might also like to view...
In an inflationary environment, then over time
A) a specific tariff will tend to raise more revenue than an ad valorem tariff. B) an ad valorem tariff will tend to raise more revenue than a specific tariff. C) an optimum tariff will tend to raise more revenue than an escalating tariff. D) a tariff quota will tend to raise more revenue than a specific tariff. E) an import quota would raise more revenue than a specific tariff.
In a perfectly competitive market in the long run, which of the following is not correct?
A. Economic profits are zero. B. Firms are attempting to maximize profit. C. Firms are maximizing total revenue. D. There are no better uses for the firm's resources.
A labor union is similar to a __________
Fill in the blank(s) with correct word
Suppose that reducing inflation by 2 percentage points would cost a country 5 percent of its annual output. This country's sacrifice ratio is
a. 0.4. b. 1.5. c. 2.5. d. 5.0.