taxes increase, consumption ()
A: decreases
as shown by a movement to the left along a given aggregate demand
curve.
B: decreases
as shown by shifting aggregate demand to the left.
C: increases
as shown by shifting aggregate supply the left.
D: None
of the above is correct.
举一反三
- When taxes increase, consumption A: increases, so aggregate demand shifts right B: increases, so aggregate supply shifts right C: decreases, so aggregate demand shifts left D: decreases, so aggregate supply shifts left
- Rising oil prices in the U.S. during the 1970s caused the economy’s ( ) A: aggregate supply curve to shift to the right. B: aggregate supply curve to shift to the left. C: aggregate demand curve to become vertical. D: aggregate demand curve to become horizontal.
- Higher<br/>government deficits ________ the supply of bonds and shift the supply<br/>curve to the <br/>________,<br/>everything else held constant. A: increase; left B: increase; right C: decrease; left D: decrease; right
- When<br/>the mandible moves to the left () A: the<br/>left condyle slides, and the right condyle rotates B: the<br/>left condyle slides, and the right condyle slides C: the<br/>left condyle rotates, and the right condyle rotates D: the<br/>left condyle rotates, and the right condyle slides E: None<br/>of the above is correct
- An increase in price causes an increase in total revenue when: () A: demand<br/>is elastic. B: demand<br/>is inelastic. C: demand<br/>is unit elastic. D: All<br/>of the above are possible.
内容
- 0
A large decrease in the income tax rate will most likely cause A: a fairly large increase in aggregate demand B: a fairly small increase in aggregate supply C: an increase in the price level D: all of the above E: none of the above
- 1
Assume there are only two airlines, Air China and Hainan Airlines, which fly directly from Beijing to Hainan. What would happen in the market demand for Air China if Hainan Airlines went out of business? A: The market demand curve would shift to the right. B: The market demand curve would shift to the left. C: There would be a movement to the right along the initial market demand curve. D: There would be a movement to the left along the initial market demand curve.
- 2
To increase the money supply, the Fed could() A: sell<br/>government bonds. B: decrease<br/>the discount rate. C: increase<br/>the reserve requirement. D: None<br/>of the above is correct.
- 3
Assume that there is a single firm producing toilet paper and the firm specific demand curve is the same as the market demand curve. If a second firm that also produces toilet paper enters the market what will happen to the firm-specific demand curve of the original firm? A: There is a movement up along the demand curve. B: There is a movement down along the demand curve. C: shifts to the right D: shifts to the left
- 4
When aggregate demand increases faster than aggregate supply, prices go up. What is this an example of? A: Demand-pull inflation B: Cost-push inflation C: Per-worker productivity D: Deflation