other things the same, a fall in the economys overall level of prices tends to 1
ID: 1229071 • Letter: O
Question
other things the same, a fall in the economys overall level of prices tends to1.rise both the quantity demanded and supplied of goods and services
2.rise the quantity demanded of goods and services, but lower the quantity supplied
3.lower the quantity demanded of goods and services, but raise the quantity supplied
4.lower both the quantity demanded and the quantity supplied of goods and services
which of the following shifts aggregate demand to the left
1.an increase in the price level
2.an increase in the money supply
3.a decrease in the price level
4.a decrease in the money supply
Javier lives in Ecuador and purchase a motorcycle manufactured in the US this motorcycle is
1.both a US and Ecuadorian export
2.both import
3.us import and E export
4. us export and E import
which of the following is the most accurate statement
1.trade policy has neither mico nor macoeconomic effects
2.trade policy has similar micro and macro effects
3.the effects of trade policy are more macro than micro
4.the effects of trade policy are more micro than macro
Explanation / Answer
1. 3.lower the quantity demanded of goods and services, but raise the quantity supplied 2.1.an increase in the price level 3.4. us export and E import 4. 4.the effects of trade policy are more micro than macro
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