A twelve pack of soda sells for $3.50. At a $3.50 price, you plan to purchase two twelve packs. Therefore,
A) your quantity demanded is two twelve packs.
B) your demand is two twelve packs.
C) you need two twelve packs.
D) you love soda.
A
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An above-full-employment equilibrium occurs when
A) aggregate demand decreases while neither the short-run nor long-run aggregate supply changes. B) short-run aggregate supply decreases while neither aggregate demand nor long-run aggregate supply changes. C) the equilibrium level of real GDP is greater than potential GDP. D) the equilibrium level of real GDP is less than potential GDP.
Which of the following would shift the aggregate demand curve to the right?
a. Increases in government purchases, investment spending, autonomous consumption, taxes, or the money supply b. Increases in government purchases, investment spending, autonomous consumption, or the money supply c. Decreases in government purchases, investment spending, autonomous consumption, taxes, or the money supply d. Increases in government purchases, investment spending, autonomous consumption or taxes e. Decreases in government purchases or investment spending, and increases in autonomous consumption, taxes, or the money supply