During 2013, a country reported that its real GDP increased by $3.0 billion. If the slope of its aggregate planned expenditure curve is 0.9, then which of the following might have led to the increase in real GDP?
A) Investment decreased by $0.3 billion.
B) Imports increased by $0.3 billion.
C) Government expenditure on goods and services increased by $3 billion.
D) Exports increased by $0.3 billion.
E) Exports decreased by $0.3 billion.
D
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When the Treasury bond market becomes more liquid, other things equal, the demand curve for corporate bonds shifts to the ________ and the demand curve for Treasury bonds shifts to the ________
A) right; right B) right; left C) left; right D) left; left
If the price of x falls, the budget constraint:
a. shifts outward in a parallel fashion. b. shifts inward in a parallel fashion. c. rotates outward about the x-intercept. d. rotates outward about the y-intercept.
Do you believe that class size reductions will help student performance?
What will be an ideal response?
New Keynesian inflation dynamics can account for sluggish responses of
A. inflation to changes in aggregate supply. B. real Gross Domestic Product (GDP) to changes in aggregate demand. C. real Gross Domestic Product (GDP) to changes in aggregate supply. D. inflation to changes in aggregate demand.