A downward shift in the Fed's policy reaction function corresponds to a ________ the aggregate demand curve and a decrease in exogenous spending corresponds to a ________ the aggregate demand curve.
A. movement up; shift right of
B. shift left of; movement up
C. shift left of; shift right of
D. shift right of; shift left of
Answer: D
Economics
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There are a number of benefits that usually accompany economic growth. The following are such benefits EXCEPT
A) increase in literacy. B) increased expected life-spans. C) political stability. D) urban congestion.
Economics
Refer to the information provided in Figure 26.2 below to answer the question(s) that follow.
Figure 26.2Refer to Figure 26.2. At $900 billion, this economy
A. is producing below its capacity. B. reaches its capacity. C. is above its production capacity. D. Any of the above can be correct
Economics