Aggregate demand & aggregate supply
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Assessment
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Rene Mena
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Specialty
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12th Grade
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508 plays
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Medium
Student preview
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10 questions
Show answers
1.
Multiple Choice
Total Input
Total Output
Price Level
Both A&B
2.
Multiple Choice
Change in Consumer Spending
Change in Political Parties
Change in Government Spending
Change in investment Spending
3.
Multiple Choice
shift the aggregate demand curve leftward.
shift the aggregate supply curve leftward.
decrease Canada's exports and increase Canada's imports.
increase Canada's exports and decrease Canada's imports.
4.
Multiple Choice
changes in wages and other resource prices completely offset changes in the price level.
the price level is flexible upward but inflexible downward.
supply creates its own demand.
wages and other resource prices adjust only slowly to changes in the price level.
5.
Multiple Choice
F and C, respectively.
G and B, respectively.
F and A, respectively.
E and B, respectively.
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