For a fixed inflation rate target, an increase in the inflation rate corresponds to a ________ the aggregate demand curve and an increase in exogenous spending corresponds to a ________ the aggregate demand curve.
A. movement up; shift right of
B. shift left of; shift right of
C. shift left of; movement up
D. movement up; movement down
Answer: A
Economics
You might also like to view...
Refer to the above figure. Which arrows represent items that are measured in dollar terms?
A) Arrows A and B B) Arrows C and D C) Arrows A and D D) Arrows B and C
Economics
If Larry Robinson is taxed $100 on an income of $1,000 . Guy Carbonneau is taxed $220 on an income of $2,000 . and Chris Chelios is taxed $390 on an income of $3,000 . the tax system is
a. progressive b. poll c. regressive d. excise e. proportional
Economics