The output demand curve shows the
A) positive relationship between the wage rate and current aggregate output.
B) negative relationship between the wage rate and current aggregate output.
C) positive relationship between total factor productivity and current aggregate output.
D) positive relationship between the real interest rate and current aggregate output.
E) negative relationship between the real interest rate and current aggregate output.
Correct Answer:
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Q40: An increase in G or G' shifts
Q41: The decrease in lifetime wealth affects consumption
Q42: An increase in total factor productivity causes
A)
Q43: An increase in government spending
A) increases taxes
Q44: In response to a temporary increase in
Q46: Multipliers above 1 occur in models that
Q47: When drawn against the real interest rate,the
Q48: The total government expenditure multiplier is less
Q49: When drawn against current income,the slope of
Q50: The partial expenditure multiplier
A) is the total
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