Which of the following, other things the same, would make the price level decrease and real GDP increase? a. long-run aggregate supply shifts right b. aggregate demand shifts left c. aggregate demand shifts right d. long-run aggregate supply shifts left

Question

In: Economics

Which of the following, other things the same, would make the price level decrease and real GDP increase?

a. long-run aggregate supply shifts right

b. aggregate demand shifts left

c. aggregate demand shifts right

d. long-run aggregate supply shifts left

Solutions

Expert Solution

Rahul Sunny answered 1 year ago

Next > < Previous

Related Solutions

Which of the following would make the price level increase and real GDP decrease?

Which of the following would make the price level increase and real GDP decrease? a. aggregate demand shifts right. b. long-run aggregate supply shifts right c. aggregate demand shifts left d. long-run aggregate supply shifts left

1 .Which of the following, other things the same, would make the price level decrease and...

1 .Which of the following, other things the same, would make the price level decrease and real GDP increase? a. long-run aggregate supply shifts right b. long-run aggregate supply shifts left c. aggregate demand shifts right d. aggregate demand shifts left 2. Other things the same, an increase in the price level induces people to hold a. less money, so they lend less, and the interest rate rises. b. less money, so they lend more, and the interest rate falls....

Other things the same, which of the following is correct? a. A decrease in the price...

Other things the same, which of the following is correct? a. A decrease in the price level causes the dollar to appreciate. Aggregate demand shifts right. b. A decrease in the price level causes the dollar to depreciate. Aggregate demand shifts right. c. If speculators lose confidence in the American economy, the dollar appreciates. Aggregate demand shifts right. d. If speculators lose confidence in the American economy, the dollar depreciates. Aggregate demand shifts right.

Which of the following will increase both the price level and real GDP? Group of answer...

Which of the following will increase both the price level and real GDP? Group of answer choices A nationwide drought that drives up the prices of agricultural products A reduction in government spending for goods and services Greater optimism among business executives The aggregate demand curve is Group of answer choices Downward sloping because a reduction in the price level leads to a lower interest rate, causing consumption and investment spending to increase Downward sloping because a reduction in the...

(A) (B) (C) Price Level Real GDP Price Level Real GDP Price Level Real GDP 110...

(A) (B) (C) Price Level Real GDP Price Level Real GDP Price Level Real GDP 110 290 100 215 110 240 100 265 100 240 100 240 95 240 100 265 95 240 90 215 100 290 90 240 a. Which set of data illustrates aggregate supply in the immediate short-run in North Vaudeville? The data in (Click to select)CAB. Which set of data illustrates aggregate supply in the short run in North Vaudeville? The data in...

The price level will increase while real GDP decreases when:

The price level will increase while real GDP decreases when: aggregate demand decreases/shifts to the left short-run aggregate supply decreases/shifts to the left short-run aggregate supply increases/shifts to the right aggregate demand increases/shifts to the right

7. Which of the following explains an decrease in real GDP and a decrease in the...

7. Which of the following explains an decrease in real GDP and a decrease in the price level? A. All of the choices are correct B. an increase in Aggregate Supply C. None of the choices is correct D. a decrease in Aggregate Supply E. an increase in Aggregate Demand 10. How would a dramatic decrease in the value of the stock market shift the AD curve? What effect would this shift have on the equilibrium GDP and the price...

Analyse the effect of the following on GDP and the price level: a) A decrease in...

Analyse the effect of the following on GDP and the price level: a) A decrease in taxes, while excess capacity exists in the economy. b) Technological advancements which when applied to secondary and tertiary sectors improve productivity and overall output levels. c) A fall in interest rates, when the economy is approaching the peak stage of the business cycle. d)An increase in the price of oil which is key input into the production process of the manufacturing sector which represents...

Other things held constant, which of the following actions would increase the amount of cash on...

Other things held constant, which of the following actions would increase the amount of cash on a company's balance sheet? Question 11 options: The company declares a stock split. The company cuts its dividend. The company repurchases common stock. The company purchases a new piece of equipment. The company gives customers more time to pay their bills.

Consider the following table for the U.S. Year Potential Real GDP Real GDP Price Level Federal...

Consider the following table for the U.S. Year Potential Real GDP Real GDP Price Level Federal Funds Rate 2006 $15.3 trillion $15.3 trillion 90.1 5.0% 2007 $15.6 trillion $15.6 trillion 92.5 5.0% 2008 $15.9 trillion $15.6 trillion 94.3 1.9% 2009 $16.1 trillion $15.2 trillion 95.0 0.2% 2010 $16.3 trillion $15.6 trillion 96.1 0.2% 2011 $16.5 trillion $15.8 trillion 98.1 0.1% 2012 $16.7 trillion $16.2 trillion 100.0 0.1% 2013 $17.0 trillion $16.5 trillion 101.6 0.1% 2014 $17.3 trillion $16.9 trillion 103.6...

Subjects