Aggregate demand and supply

Front

Aggregate demand will increase if: Imports fall

Back

Imports fall

Front

Which of the following would increase aggregate demand? Increased saving, Increasing import spending, Increased taxation revenue, Increased investment

Back

Increased investment

Front

Increased levels of consumption:

Back

Shift aggregate demand outwards so more is demanded at each price

Front

Increased levels of spending on imports:

Back

Shift aggregate demand to the left

Front

What term best describes the total demand for final goods and services at a range of price levels during a stated period of time?

Back

Aggregate Demand

Front

A decline in investment will shift the AD curve to the:

Back

left

Front

The foreign purchases effect suggests that a decrease in Canada's price level relative to other countries will:

Back

increase Canada's exports and decrease Canada's imports.

Front

What does the vertical axis represent on the aggregate demand curve?

Back

Price Level

Front

The aggregate supply curve (short-run) slopes upward and to the right because:

Back

wages and other resource prices adjust only slowly to changes in the price level.

Front

Which of the following shifts aggregate demand to the right? An increase in the money supply, An increase in net exports at every exchange rate, An investment tax credit, All of the above are correct

Back

All of the above are correct