
Aggregate Demand

Flashcard
•
Other
•
12th Grade
•
Hard
Apostolia Papadopoulos
Used 1+ times
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22 questions
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1.
FLASHCARD QUESTION
Front
When taxes decrease, consumption
Back
increases, so aggregate demand shifts right
2.
FLASHCARD QUESTION
Front
Consumption would decrease and aggregate demand would shift
Back
left if taxes increased
3.
FLASHCARD QUESTION
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
4.
FLASHCARD QUESTION
Front
What shifts aggregate supply to the right?
Back
Technology that increases the profitability of goods
5.
FLASHCARD QUESTION
Front
When the government spends more, the initial effect is that
Back
aggregate demand shifts right
6.
FLASHCARD QUESTION
Front
Aggregate demand shifts left when the government
Back
Cuts military expenditures
7.
FLASHCARD QUESTION
Front
Aggregate demand shifts right when the government:
- Lowers personal income taxes
- Increases the money supply
- Repeals an investment tax credit
Back
All of the above are correct
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