Social Studies

Image

AP MACRO UNIT 3 2020

267
plays

18 questions

Player avatar

Introducing new Paper mode

No student devices needed. Know more

Show Answers
See Preview
  • 1. Multiple-choice
    30 seconds
    1 pt

    Part of the reason that aggregate demand is downward sloping is because

    here is a direct relationship between price level and the real GDP demanded.

    lower price levels increase the demand for consumer goods

    lower price levels cause real interest rates to increase and increase investment

    higher price levels decrease the purchasing power of money which decreases the quantity of consumption

  • 2. Multiple-choice
    30 seconds
    1 pt

    An increase in which of the following will decrease aggregate demand?

    Consumer Wealth

    Government Spending

    Real Estate Interest

    Net Exports

  • 3. Multiple-choice
    30 seconds
    1 pt

    A change in which of the following would increase the short-run aggregate supply curve?

    I. An increase in consumer spending

    II. A decrease in the price of resources

    III. A decrease in labor productivity

    IV. An increase in capital stock

    II only

    III only

    II and IV

    II, III, and IV

  • Expore all questions with a free account

    Already have an account?
library
create
reports
classes