If the U.S. government decreases significantly its expenditure on defense, then,

ID: 1232315 • Letter: I

Question

If the U.S. government decreases significantly its expenditure on defense, then, ceteris paribus, the aggregate
a. demand curve shifts rightward.
b. demand curve shifts leftward.
c. supply curve shifts rightward.
d. supply curve shifts leftward.

Beginning at macro equilibrium, inflation occurs because aggregate
a. supply increases more rapidly than aggregate demand.
b. supply and aggregate demand increase at the same rate.
d. supply and aggregate demand decrease at the same rate.
c. demand increases more rapidly than aggregate supply

Explanation / Answer

b. demand curve shifts leftward.

Navigate

If the U.S. economy goes into a recession but growth remains at a positive const

If the U.S. inflation rate is positive and higher than the inflation rate in Aus

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.

If the U.S. government decreases significantly its expenditure on defense, then,

Question

Explanation / Answer

Related Questions

Navigate