A decrease in government spending would cause which of the following to happen?
A. The aggregate supply curve would shift to the left.
B. The aggregate demand curve would shift to the right.
C. The aggregate supply curve would shift to the right.
D. The aggregate demand curve would shift to the left.
Answer: D
You might also like to view...
In making decisions about insurance:
A. you must consider it in light of the best information available at the time. B. using hindsight is the only way to truly know what the right decision was. C. you need to weigh the cost of the insurance against the benefit of payouts over the life of the contract. D. None of these statements is true.
Suppose that in 2015 the nominal exchange rate was 9 Egyptian pounds per dollar, the price of a basket of goods in the U.S. was $600 and the price of the same basket of goods in Egypt was 6000 pounds. Suppose that in 2016 these values were 10 Egyptian pounds per dollar, $620, and 7200 pounds. From 2015 to 2016 U.S. real exchange rate
a. appreciated which by itself would make U.S. net exports fall. b. appreciated which by itself would make U.S. net exports rise. c. depreciated which by itself would make U.S. net exports fall. d. depreciated which by itself would make U.S. net exports rise.
Which of the following would contribute to a sustained high rate of economic growth in the long run in an economy?
A) growth in capital per hour worked accompanied by technological change B) increases in labor force participation rates as workers who are out of the labor force pursue rising wages C) a shift of workers in the economy from the agricultural sector to the nonagricultural sector D) an influx of immigrant labor into an economy without any accompanying technological change
By April 2010
A) only about 10 percent of foreign exchange trades were against euros. B) only about 24 percent of foreign exchange trades were against euros. C) only about 39 percent of foreign exchange trades were against euros. D) only about 42 percent of foreign exchange trades were against euros. E) only about 60 percent of foreign exchange trades were against euros.