Figure 9.1 shows three aggregate demand curves. A movement from curve AD0 to curve AD1 could be caused by a(n)

A) decrease in government spending. B) decrease in the money supply.
C) decrease in the price level. D) decrease in taxes.


D

Economics

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Use the figure below to answer the next question. Economic growth is best represented by a

A. move from X on AB to Y on CD. B. move from X to Z along AB. C. move from Z to X along AB. D. shift of the production possibilities frontier from CD to AB.

Economics

Jane stitched a prom dress which she could have bought for $180 from a store. Which of the following will happen if she keeps the dress for herself?

Economics

The economy pictured in the figure has a(n) ________ gap with a short-run equilibrium combination of inflation and output indicated by point ________. 

A. recessionary; A B. recessionary; C C. recessionary; B D. expansionary; A

Economics

When a person can pass some of her costs of using a resource on to someone else,

A) the use of the resource is not affected by her actions. B) the internal costs of using the resource exceed the private costs. C) she uses too much of the resource. D) she uses too little of the resource.

Economics