An increase in_________ shifts the AE curve_________ and an increase in shifts the aggregate demand curve_________ .
A) autonomous expenditure; upward; the price level; rightward
B) the price level; downward; autonomous expenditure; rightward
C) autonomous expenditure; upward; the price level; leftward
D) the price level; upward; autonomous expenditure; leftward
Correct Answer:
Verified
Q332: The multiplier measures the
A) vertical shift in
Q333: Suppose that in a particular economy, the
Q334: The government increases its expenditures. The steeper
Q335: The size of the multiplier
A) is unaffected
Q336: An increase in the price level decreases
Q338: Taking into account the upward -sloping short-run
Q339: An increase in the price level decreases
Q340: With a steep short-run aggregate supply curve,
A)
Q341: Mauritius, an island off the coast of
Q342: ʺFew if any economists anticipated the extent
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