18. An increase in the price level, other things equal, will shift the: Consumpt
ID: 1101279 • Letter: 1
Question
18. An increase in the price level, other things equal, will shift the:
Consumption, investment, and net exports schedules of the aggregate expenditures model upward
Consumption, and net exports schedules of the aggregate expenditures model upward, but the investment schedule downward
Consumption, and investment schedules of the aggregate expenditures model upward, but the net exports schedule downward
Consumption, investment, and net exports schedules of the aggregate expenditures model downward
21. All of the following statements about consuming in excess of one's disposable income are true, except:
It is possible, and it's called dissaving
In this case, the values of both saving and the APS are negative
The value of APC will be greater than 1 in this case
(APC + APS) will be less than 1 in this situation
27. During the Great Recession of 2007-2009, the investment demand curve shifted:
Right because of reductions in tax rates
Left because of very low interest rates
Left because of declines in expected returns
Right because of very low interest rates
30. true or false Economic principles are value judgments about what the economy should be like or the way the economic world should be
34. true or false In the growth debate, defenders of economic growth believe that it is the primary path to raising living standards
35. In recent years, the Fed often communicated its intentions to restrict or expand monetary policy by announcing a change in its target for the
Prime rate
37. Which of the following serves as an automatic stabilizer in the economy?
Interest rates
40. Which of the following is a determinant of demand?
Consumption, investment, and net exports schedules of the aggregate expenditures model downward
21. All of the following statements about consuming in excess of one's disposable income are true, except:
It is possible, and it's called dissaving
In this case, the values of both saving and the APS are negative
The value of APC will be greater than 1 in this case
(APC + APS) will be less than 1 in this situation
27. During the Great Recession of 2007-2009, the investment demand curve shifted:
Right because of reductions in tax rates
Left because of very low interest rates
Left because of declines in expected returns
Right because of very low interest rates
30. true or false Economic principles are value judgments about what the economy should be like or the way the economic world should be
34. true or false In the growth debate, defenders of economic growth believe that it is the primary path to raising living standards
35. In recent years, the Fed often communicated its intentions to restrict or expand monetary policy by announcing a change in its target for the
Term auction rate Federal funds rate Consumer price indexPrime rate
37. Which of the following serves as an automatic stabilizer in the economy?
The progressive income tax The inflation rate Exchange ratesInterest rates
40. Which of the following is a determinant of demand?
Income Production technology Production costs Number of suppliersExplanation / Answer
18. An increase in the price level, other things equal, will shift the:
Consumption, investment, and net exports schedules of the aggregate expenditures model upward
Consumption, and net exports schedules of the aggregate expenditures model upward, but the investment schedule downward
Consumption, and investment schedules of the aggregate expenditures model upward, but the net exports schedule downward
Consumption, investment, and net exports schedules of the aggregate expenditures model downward
21. All of the following statements about consuming in excess of one's disposable income are true, except:
It is possible, and it's called dissaving
In this case, the values of both saving and the APS are negative
The value of APC will be greater than 1 in this case
(APC + APS) will be less than 1 in this situation
27. During the Great Recession of 2007-2009, the investment demand curve shifted:
Right because of reductions in tax rates
Left because of very low interest rates
Left because of declines in expected returns
Right because of very low interest rates
30. true or false Economic principles are value judgments about what the economy should be like or the way the economic world should be
34. true or false In the growth debate, defenders of economic growth believe that it is the primary path to raising living standards
35. In recent years, the Fed often communicated its intentions to restrict or expand monetary policy by announcing a change in its target for the
Prime rate
37. Which of the following serves as an automatic stabilizer in the economy?
Interest rates
40. Which of the following is a determinant of demand?
Consumption, investment, and net exports schedules of the aggregate expenditures model downward
21. All of the following statements about consuming in excess of one's disposable income are true, except:
It is possible, and it's called dissaving
In this case, the values of both saving and the APS are negative
The value of APC will be greater than 1 in this case
(APC + APS) will be less than 1 in this situation
27. During the Great Recession of 2007-2009, the investment demand curve shifted:
Right because of reductions in tax rates
Left because of very low interest rates
Left because of declines in expected returns
Right because of very low interest rates
30. true or false Economic principles are value judgments about what the economy should be like or the way the economic world should be
34. true or false In the growth debate, defenders of economic growth believe that it is the primary path to raising living standards
35. In recent years, the Fed often communicated its intentions to restrict or expand monetary policy by announcing a change in its target for the
Term auction rate Federal funds rate Consumer price indexPrime rate
37. Which of the following serves as an automatic stabilizer in the economy?
The progressive income tax The inflation rate Exchange ratesInterest rates
40. Which of the following is a determinant of demand?
Income Production technology Production costs Number of suppliersRelated Questions
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