The aggregate demand curve indicates the relationship between:
A. the real wage rate and the quality of resources demanded by producers of goods and services.
B. the interest rate and the amount of loanable funds demanded by borrowers.
C. the natural rate of unemployment and the demand for goods and services when the economy is in long-run equilibrium.
D. the general price level and the aggregate quantity of goods and services demanded.
Answer: D
You might also like to view...
The quantity that sellers wish to sell tends to ________ as price increases, and so the supply curve is ________ sloping.
A. increase; upward B. decrease; downward C. decrease; upward D. increase; downward
During periods of U.S. prosperity,
a. imports from other countries are undesirable b. imports from other countries are sought out c. countries importing goods to the U.S. may use their earnings to buy American goods d. countries importing goods to the U.S. are unable to buy American goods
Which firm provides the better signal when trying to decide which of the? firms' stock to? buy?
A. Firm? D, which? hasn't been under SEC investigation for over 5 years. B. Firm? C, which has seen its stock go up by? $20 per share in the last week. C. Firm? B, which uses an internal group for auditing. D. Firm? A, which uses an independent accounting firm for auditing.
Suppose the economy's multiplier is 2. Other things equal, a $25 billion decrease in government expenditures on national defense will cause equilibrium GDP to:
A. decrease by $50 billion. B. decrease by $150 billion. C. remain unchanged since spending on military goods is unproductive and usually wasteful. D. decrease by $25 billion.