Author Question: A fall in the price level produces a ________ the aggregate demand curve. A) change in the slope ... (Read 143 times)

P68T

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A fall in the price level produces a ________ the aggregate demand curve.
 
  A) change in the slope of
  B) movement downward along
  C) leftward shift of
  D) rightward shift of
  E) movement upward along

Question 2

Which of the following statements is correct?
 
  A) An increase in productivity moves the economy from inside the production possibilities frontier to the frontier itself.
  B) A reduction in unemployment shifts the entire production possibilities frontier outward.
  C) An increase in unemployment shifts the economy from a point outside the production possibilities frontier back to the production possibilities frontier.
  D) An increase in productivity shifts the economy from producing at a point on the production possibilities frontier to a point outside the production possibilities frontier.
  E) An increase in unemployment shifts the economy further inside its production possibilities frontier.



Dinolord

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Answer to Question 1

B

Answer to Question 2

E



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