#1
Which of the following factors would cause an increase in aggregate demand?
A decrease in consumer confidence
An increase in taxes
An increase in government spending
A decrease in money supply
#2
What happens to the short-run aggregate supply curve in response to an increase in the price level?
Shifts rightward
Shifts leftward
Remains unchanged
Moves along the curve
#3
What effect does an increase in government spending have on aggregate demand?
Shifts it leftward
Shifts it rightward
No effect on the curve
Causes a movement along the curve
#4
What effect does a decrease in consumer spending have on aggregate demand?
Shifts it leftward
Shifts it rightward
No effect on the curve
Causes a movement along the curve
#5
What impact does an increase in household savings have on aggregate demand?
Shifts it leftward
Shifts it rightward
No effect on the curve
Causes a movement along the curve
#6
In the context of aggregate supply, what effect would an increase in labor productivity have on the short-run aggregate supply curve?
Shift it leftward
Shift it rightward
No effect on the curve
Cause a movement along the curve
#7
What is the primary reason for an inward shift of the aggregate demand curve?
An increase in the money supply
A decrease in interest rates
A decrease in consumer confidence
An increase in government spending
#8
Which of the following factors would cause a leftward shift in the long-run aggregate supply curve?
Increase in labor force participation
Technological advancement
Decrease in wage rates
Decrease in capital stock
#9
What effect would an increase in the price of imported raw materials have on the short-run aggregate supply curve?
Shift it leftward
Shift it rightward
No effect on the curve
Cause a movement along the curve
#10
Which of the following would cause an inward shift in the long-run aggregate supply curve?
Decrease in the money supply
Increase in technological progress
Decrease in government regulations
Increase in labor productivity
#11
What happens to aggregate supply in the long run when there is an increase in the quality of education and training?
Shifts rightward
Shifts leftward
Remains unchanged
Moves along the curve
#12
Which of the following scenarios would lead to a rightward shift of the long-run aggregate supply curve?
An increase in wage rates
A decrease in technological progress
An increase in labor force participation
A decrease in capital investment
#13
How would a decrease in the value of the domestic currency affect aggregate demand?
Shift it leftward
Shift it rightward
No effect on the curve
Cause a movement along the curve
#14
Which of the following would lead to a decrease in aggregate demand?
Increase in government spending
Increase in consumer confidence
Decrease in taxes
Decrease in exports
#15
What is the likely effect on aggregate supply if there is an increase in the cost of production?
Shifts rightward
Shifts leftward
Remains unchanged
Moves along the curve
#16
Which of the following scenarios would lead to a leftward shift in the aggregate demand curve?
Decrease in interest rates
Increase in consumer confidence
Decrease in government spending
Increase in taxes
#17
How does an increase in the price of energy resources affect the short-run aggregate supply curve?
Shifts it leftward
Shifts it rightward
No effect on the curve
Causes a movement along the curve