An increase in the quantity of money ________ aggregate demand and ________
A) increases; shifts the aggregate demand curve rightward
B) increases; shifts the aggregate demand curve leftward
C) decreases; shifts the aggregate demand curve leftward
D) increases; rotates the aggregate demand curve so it is steeper
E) decreases; shifts the aggregate demand curve rightward
A
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Refer to the above figure. Saving occurs at
A) only at point A. B) to the left of point B. C) only at point B. D) to the right of point B.
Which of the following is not true about income quintiles?
a. Only one in seven households in the bottom quintile has anybody working full time b. Only one in three households in the top quintile has anybody working at all c. A primary contributor to the smaller share of income going to the bottom quintile has been the growth of single-parent households d. Three out of four households in the top quintile have two or more working e. A primary contributor to the larger share of income going to the top quintile has been the growth of two-earner households
A decrease in the price of a good would a. increase the supply of the good
b. increase the quantity demanded of the good. c. give producers an incentive to produce more to keep profits from falling. d. shift the supply curve for the good to the left.
If you look at earnings of full-time workers, women make ________ of what men make.
A. 81% B. 62% C. 10% D. nearly equal