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AP Macroeconomics Unit 3 Study Guide with complete solutions
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AP Macroeconomics Unit 3 Study Guide with complete solutions
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AP Macroeconomics Unit 3 Study Guidewith complete solutions
What iicould iicause iia iileftward iishift iiin iiaggregate iidemand? ii- iiAnswers ii-Congress
iiincreasing iipersonal iiincome iitax iiand iia iirecession iiin iianother iicountry iithat iiis iia iiclose
iitrading iipartner
One iiexplanation iifor iithe iidownward iislope iiof iithe iiaggregate iidemand iicurve iiis iithat
iiwhen iithe iiprice iilevel iiincreases, iiwhich iiof iithe iifollowing iiwill iidecrease? ii- iiAnswers ii-
Real iivalue iiof iiassets
An iiadvance iiin iitechnology iiwill iicause iithe... ii- iiAnswers ii-aggregate iidemand iicurve iito
iishift iito iithe iiright
stagflation iiis iimost iilikely iito iibe iicaused iiby ii- iiAnswers ii-a iidecrease iiin iiaggregate
iisupply
An iiincrease iiin iipersonal iiincome iitaxes iiwill iimost iilikely iicause iiaggregate iidemand
iiand iiaggregate iisupply iito iichange iiin iiwhich iiof iithe iifollowing iiways iiin iithe iishort iirun?
ii- iiAnswers ii-AD: iiDecrease. iiAS: iiNo iiChange
An iiincrease iiin iiconsumer iispending iiwill iimost iilikely iicause iithe iiprice iilevel iiand iireal
iiGDP iito iichange iiin iiwhich iiof iithe iifollowing iiways iiin iithe iishort-run? ii- iiAnswers ii-PL:
iiIncrease/GDP: iiIncrease
A iisimultaneous iiincrease iiin iiinflation iiand iiunemployment iicould iibe iiexplained iiby iian
iiincrease iiin...? ii- iiAnswers ii-Inflationary iiExpectation
When iifirms iirestructure iitheir iioperations iito iidecrease iiproduction iicosts, iithe
iiaggregate iisupply iicurve, iithe iiprice iilevel, iiand iithe iireal iioutput iiwill iichange iiin iiwhat
iiway? ii- iiAnswers ii-AS: iiShift iito iiright: iiPL iiDecrease. iiOutput: iiIncrease
What iiis iitrue iiabout iithe iimarginal iipropensity iito iiconsume ii- iiAnswers ii-It iidetermines
iithe iisize iiof iithe iisimple iispending iimultiplier
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