Search Header Logo

A-Level - Aggregate Demand & Aggregate Supply

Authored by Krisna Mukti Wibowo

Social Studies

9th - 12th Grade

Used 1+ times

A-Level - Aggregate Demand & Aggregate Supply
AI

AI Actions

Add similar questions

Adjust reading levels

Convert to real-world scenario

Translate activity

More...

    Content View

    Student View

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

5 mins • 20 pts

Why does the aggregate demand curve slope down from left to right?

A. A fall in the price level increases the purchasing power of spending.

B. A fall in the price level increases the rate of interest.

C. A rise in the price level encourages foreigners to buy more exports.

D. A rise in the price level encourages firms to sell more goods and services.

2.

MULTIPLE CHOICE QUESTION

5 mins • 20 pts

Media Image

The diagram shows a change in a country’s aggregate demand.

What would cause the shift of the AD curve from AD to AD1?

A. a decrease in government spending

B. a decrease in imports

C. an increase in investment

D. an increase in wages

3.

MULTIPLE CHOICE QUESTION

5 mins • 20 pts

What is likely to cause a shift of the AS curve to the left?

A. a decrease in aggregate demand

B. a decrease in the skills of workers

C. an increase in investment

D. an increase in the size of the labour force

4.

MULTIPLE CHOICE QUESTION

5 mins • 20 pts

Media Image

The diagram shows that an economy is initially in equilibrium at point X.

There is then an increase in consumer expenditure and a rise in the price of raw materials.

What is the new equilibrium point?

A

B

C

D

5.

MULTIPLE CHOICE QUESTION

5 mins • 20 pts

What would cause a shift in an economy’s LRAS curve?

A. a decrease in net exports

B. an increase in consumer expenditure

C. an increase in the price level

D. advances in technology

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?