04/12/2021

04/12/2021

12th Grade

18 Qs

quiz-placeholder

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04/12/2021

04/12/2021

Assessment

Quiz

Social Studies

12th Grade

Medium

Created by

Asif Lakhani

Used 7+ times

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18 questions

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1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which curve will shift and which direction will it shift?

Consumers respond to high levels of debt by reducing their purchases of durable goods.

Aggregate Demand increases to the right

Aggregate Demand decreases to the left

Short-Run Aggregate Supply increases to the right

Short-Run Aggregate Supply decreases to the left

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which curve will shift and which direction will it shift?

Unions are more effective so that wage rates increase

Aggregate Demand increases to the right

Aggregate Demand decreases to the left

Short-Run Aggregate Supply increases to the right

Short-Run Aggregate Supply decreases to the left

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which curve will shift and which direction will it shift?

Reduced business confidence leads to a reduction in investment spending.

Aggregate Demand increases to the right

Aggregate Demand decreases to the left

Short-Run Aggregate Supply increases to the right

Short-Run Aggregate Supply decreases to the left

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which curve will shift and which direction will it shift?

Oil companies successfully increase oil prices

Aggregate Demand increases to the right

Aggregate Demand decreases to the left

Short-Run Aggregate Supply increases to the right

Short-Run Aggregate Supply decreases to the left

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which curve will shift and which direction will it shift?

Government spending increases with no increase in taxes

Aggregate Demand increases to the right

Aggregate Demand decreases to the left

Short-Run Aggregate Supply increases to the right

Short-Run Aggregate Supply decreases to the left

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which curve will shift and which direction will it shift?

Labor productivity increases dramatically

Aggregate Demand increases to the right

Aggregate Demand decreases to the left

Short-Run Aggregate Supply increases to the right

Short-Run Aggregate Supply decreases to the left

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which curve will shift and which direction will it shift?

Survey shows consumer confidence jumps.

Aggregate Demand increases to the right

Aggregate Demand decreases to the left

Short-Run Aggregate Supply increases to the right

Short-Run Aggregate Supply decreases to the left

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