Macroeconomics

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When the price of a good or service changes a. the supply curve shifts in the opposite direction. ... Started by jwb375	1 Replies 68 Views	Jun 30, 2018 by Loise Hard
Pierre is French Canadian, and like many Canadians he is experiencing booming good economic times. ... Started by krzymel	1 Replies 183 Views	Jun 30, 2018 by Jsherida
Consider an economy that is in equilibrium with real GDP = 5,000 . MPS = 1/4 and MPI = 1/5 . What ... Started by biggirl4568	1 Replies 55 Views	Jun 30, 2018 by kalskdjl1212
Other things equal, when the price of a good rises, the quantity demanded of the good falls, and ... Started by jwb375	3 Replies 112 Views	Jun 30, 2018 by tennis14576
If Americans' home equity falls substantially, it would ____ wealth and consumer confidence, ____ ... Started by james9437	1 Replies 67 Views	Jun 30, 2018 by Sierray
In an economy that has no foreign trade, if real GDP declines by 160 million following a decline in ... Started by big1devin	1 Replies 71 Views	Jun 30, 2018 by at
Which of these statements best represents the law of demand? a. When buyers' tastes for a good ... Started by azncindy619	1 Replies 70 Views	Jun 30, 2018 by katkat_flores
Which of the following increases U.S. aggregate demand? a. a lower price level, increasing ... Started by audie	1 Replies 84 Views	Jun 30, 2018 by Christopher
If an economy consumes 75 percent of any increase in real GDP and spends 10 percent of this ... Started by newbem	1 Replies 81 Views	Jun 30, 2018 by shaquita
To find the market demand curve for a product, we sum the individual demand curves a. vertically. ... Started by jlmhmf	1 Replies 98 Views	Jun 30, 2018 by perkiness
Which of the following does not increase U.S. aggregate demand? a. an increase in real wealth b. ... Started by asan beg	1 Replies 69 Views	Jun 30, 2018 by kishoreddi
Consider a closed economy described by AE (aggregate expenditures) = 800,000 + 0.75Y Assume that ... Started by Alainaaa8	3 Replies 95 Views	Jun 30, 2018 by jordangronback
When quantity demanded decreases at every possible price, the demand curve a. shifts to the left. ... Started by Zulu123	1 Replies 218 Views	Jun 30, 2018 by stano32
An increase in business tax rates, combined with a decrease in consumer confidence, would have what ... Started by jazziefee	1 Replies 94 Views	Jun 30, 2018 by millet
Assume that a GDP gap can be closed by a 200 initial change in planned spending. The MPS is 0.3 and ... Started by Jramos095	1 Replies 50 Views	Jun 30, 2018 by ergserg
The demand schedule for a good: a. indicates the quantity that people will buy at the prevailing ... Started by gbarreiro	1 Replies 54 Views	Jun 30, 2018 by ngr69
A reduction in business expectations, combined with the imposition of new tariffs by major trading ... Started by Mimi	1 Replies 57 Views	Jun 30, 2018 by gasdhashg
If a country's imports are very important in determining the volume of exports from its trading ... Started by mydiamond	1 Replies 88 Views	Jun 30, 2018 by livaneabi
A downward-sloping demand curve shows: a. the direct relationship between price and quantity ... Started by charchew	1 Replies 55 Views	Jun 30, 2018 by nhea
What would happen to aggregate demand if the federal government increased military purchases and ... Started by james9437	3 Replies 229 Views	Jun 30, 2018 by l.stuut
Foreign repercussions of changes in domestic spending may cause: a. the GDP gap to be larger than ... Started by leilurhhh	1 Replies 85 Views	Jun 30, 2018 by frankwu0507
If the price of music downloads decreases, which of the following is most likely to occur? a. ... Started by cagreen833	1 Replies 201 Views	Jun 30, 2018 by tanna.moeller
If both imports and exports rose, a. AD would decrease. b. AD would increase. c. AD would decrease ... Started by mpobi80	1 Replies 118 Views	Jun 30, 2018 by EAN94
If 81 percent of Canada's exports go to the United States, a recession in the United States would ... Started by scienceeasy	1 Replies 166 Views	Jun 30, 2018 by sailorcrescent
When a demand schedule is drawn in a graph: a. price is measured on the vertical axis. b. quantity ... Started by Mimi	1 Replies 108 Views	Jun 30, 2018 by joewallace