An economic boom in the United States would cause the aggregate demand curve in other countries to shift outward.
Answer the following statement true (T) or false (F)
True
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Which of the following does NOT increase the supply of personal computers, that is, does NOT shift the supply curve of personal computers?
A) a fall in the cost of the components used to assemble personal computers B) a change in the expected future price of a personal computer C) an advance in the technology used to produce personal computers D) an increase in the number of firms producing personal computer E) a rise the price of a personal computer
The AD curve is a graph depicting the
A) relationship between the price level and the quantity of real GDP demanded. B) relationship between the price level and potential GDP. C) relationship between the price level and the quantity of real GDP supplied. D) business cycle during expansions and recessions. E) relationship between the aggregate quantity of real GDP demanded and the aggregate quantity of real GDP supplied.
If it costs $2,000 to pick up all the litter along a 100-mile stretch of highway, then the cost of the negative externality associated with the litter is
a. $0 b. more than $0, but less than $2,000 c. $2,000 d. more than $2,000 . but finite e. infinite
Which is more likely to stimulate aggregate demand in a timely manner?
What will be an ideal response?