Macroeconomics

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Other things equal, an adverse supply shock would a. Lower the price level b. decrease real output ... Started by jrubin	1 Replies 118 Views	Jun 30, 2018 by 1_Step_At_ATime
Leakages are greater than injections when total planned expenditures exceed real GDP. a. True b. ... Started by craiczarry	3 Replies 107 Views	Jun 30, 2018 by jessicaduplan
Pizza is a normal good if the demand a. for pizza rises when income rises. b. for pizza rises when ... Started by ARLKQ	1 Replies 187 Views	Jun 30, 2018 by AISCAMPING
The short-run aggregate supply curve: a. has the same slope as the LRAS. b. shifts only when the ... Started by arivle123	1 Replies 76 Views	Jun 30, 2018 by kkenney
Suppose for an economy, investment = 40; saving = 50, government spending + exports = 100; and taxes ... Started by vicotolentino	1 Replies 89 Views	Jun 30, 2018 by Qarqy
The misperception effect explanation for an upward-sloping short-run aggregate supply curve is based ... Started by fagboi	1 Replies 146 Views	Jun 30, 2018 by Loise Hard
A marginal propensity to consume of 0.75 and a marginal propensity to import of 0.05 are associated ... Started by cnetterville	1 Replies 136 Views	Jun 30, 2018 by micaelaswann
A demand curve shows the relationship between price and quantity demanded, other things remaining ... Started by leilurhhh	1 Replies 177 Views	Jun 30, 2018 by IAPPLET
Which of the following is true of the long-run aggregate supply curve? a. It is vertical. b. The ... Started by notis	1 Replies 81 Views	Jun 30, 2018 by joshbk44
If the MPS equals 0.25 and the MPI is 0.15, then an initial change in investment spending of 250 ... Started by fox	3 Replies 66 Views	Jun 30, 2018 by b614102004
All of the following would shift a product's demand curve except a(n): a. increase in the price of ... Started by jCorn1234	1 Replies 104 Views	Jun 30, 2018 by jharrington11
An increase in the price level will: a. increase the quantity of RGDP supplied, but not increase ... Started by audragclark	1 Replies 146 Views	Jun 30, 2018 by poopface
The recessionary gap is given by the difference between potential GDP and real GDP. a. True b. ... Started by rmenurse	1 Replies 76 Views	Jun 30, 2018 by SVictor
Two goods are substitutes when a decrease in the price of one good a. decreases the demand for the ... Started by mrsjacobs44	1 Replies 63 Views	Jun 30, 2018 by mariahkathleeen
In response to an increase in AD: a. The price level will increase more in the long run than in the ... Started by Engineer	1 Replies 54 Views	Jun 30, 2018 by olivia_paige29
Foreign repercussions of changes in domestic imports cause the true domestic spending multiplier to ... Started by kamilo84	1 Replies 141 Views	Jun 30, 2018 by jharrington11
If the price of tennis rackets were to increase, we would expect: a. the demand for tennis balls to ... Started by biggirl4568	1 Replies 182 Views	Jun 30, 2018 by Mochi
In the short run, an increase in the price level: a. increases output prices relative to input ... Started by SGallaher96	3 Replies 119 Views	Jun 30, 2018 by C.mcnichol98
In reality, the simple spending multiplier 1/(MPS+MPI) is applicable only to countries whose imports ... Started by ghost!	1 Replies 62 Views	Jun 30, 2018 by ebe
Suppose the price of gasoline and other petroleum products decline sharply. Which of the following ... Started by Jramos095	1 Replies 67 Views	Jun 30, 2018 by johnharpe
In the long run, an increase in the price level: a. increases output prices relative to input ... Started by Coya19@aol.com	1 Replies 161 Views	Jun 30, 2018 by Liddy
If German imports of French products are very important in determining the volume of German exports ... Started by geoffrey	1 Replies 158 Views	Jun 30, 2018 by reelove4eva
If an increase in the price of Product X causes an increase in the demand for Product Y, we can ... Started by mckennatimberlake	1 Replies 106 Views	Jun 30, 2018 by whitcassie
A change in the price level in an economy will be depicted by a movement along the AE curve and not ... Started by mpobi80	1 Replies 65 Views	Jun 30, 2018 by dmurph1496
Which of the following is not a valid relationship? a. For a normal good: demand for a good ... Started by jace	1 Replies 64 Views	Jun 30, 2018 by onowka