Aggregate Demand

Aggregate Demand

11th - 12th Grade

14 Qs

quiz-placeholder

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Aggregate Demand

Aggregate Demand

Assessment

Quiz

Social Studies

11th - 12th Grade

Medium

Created by

Robert Gray

Used 8+ times

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14 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

When the government spends more, the initial effect is that

aggregate demand shifts right

aggregate demand shifts left

aggregate supply shifts right

aggregate supply shifts left

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Aggregate demand shifts to the left when the government

Decreases taxes

Cuts military expenditures

Both of the above are correct

None of the above is correct

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

If countries that imported from the US went into a recession, U.S. net exports would

rise, making aggregate demand shift right

rise, making aggregate demand shift left

fall, making aggregate demand shift right

fall, making aggregate demand shift left

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

If the dollar appreciates(increases in value) because of speculation or government policy, the U.S. net exports

increase and aggregate demand shifts right

increase and aggregate demand shifts left

Decrease and aggregate demand shifts right

Decrease and aggregate demand shifts left

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

If the dollar appreciates(increases in value) because of speculation or government policy, or other countries are in a recession

AD shifts right in the US

AD shifts left in the US

AD is unchanged in the US

AS shifts left in the US

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

An increase in which of the following shifts aggregate demand to the right?

Household Consumption

Investment spending

Government expenditures

All of the above are correct

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

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

Total Input
Total Output
Price Level
Both A&B

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