#1
Which of the following is NOT a determinant of aggregate demand?
Government spending
Consumer confidence
Price level
Interest rates
#2
An increase in taxes will likely lead to:
A decrease in aggregate supply
An increase in aggregate demand
A decrease in aggregate demand
An increase in aggregate supply
#3
Which of the following is a component of aggregate demand?
Government purchases
Imports
Interest rates
Personal savings
#4
A decrease in the exchange rate will likely result in:
An increase in exports
A decrease in exports
An increase in imports
A decrease in imports
#5
Which of the following is a factor that influences consumer spending, a component of aggregate demand?
Changes in government regulations
Changes in exchange rates
Changes in disposable income
Changes in technology
#6
What is the relationship between interest rates and investment, a component of aggregate demand?
As interest rates increase, investment decreases
As interest rates increase, investment increases
Interest rates have no impact on investment
Investment increases regardless of interest rates
#7
Which of the following would NOT shift the aggregate supply curve?
Changes in labor productivity
Technological advancements
Changes in government regulations
Changes in the price level
#8
The long-run aggregate supply curve is primarily determined by:
Changes in resource prices
Changes in technology
Changes in consumer preferences
Changes in the price level
#9
What effect does an increase in government spending have on aggregate demand?
Decreases aggregate demand
No effect on aggregate demand
Increases aggregate demand
Increases aggregate supply
#10
Which of the following is a determinant of long-run aggregate supply?
Changes in resource prices
Changes in consumer preferences
Changes in government spending
Changes in interest rates
#11
Which of the following is a determinant of short-run aggregate supply?
Changes in technology
Changes in government spending
Changes in resource prices
Changes in consumer preferences
#12
What effect does an increase in wages have on aggregate supply?
Increases aggregate supply
Decreases aggregate supply
No effect on aggregate supply
Increases then decreases aggregate supply
#13
What is the relationship between inflation and aggregate demand?
As inflation increases, aggregate demand increases
As inflation increases, aggregate demand decreases
There is no relationship between inflation and aggregate demand
Aggregate demand has no effect on inflation
#14
What impact does an increase in the price level have on short-run aggregate supply?
No impact
Increases
Decreases
Increases then decreases
#15
What is the impact of a decrease in the money supply on aggregate demand?
Increases aggregate demand
Decreases aggregate demand
No impact on aggregate demand
Decreases then increases aggregate demand
#16
What effect does an increase in the price level have on aggregate demand?
Increases aggregate demand
Decreases aggregate demand
No impact on aggregate demand
Increases then decreases aggregate demand
#17
What is the relationship between consumer confidence and aggregate demand?
As consumer confidence increases, aggregate demand decreases
As consumer confidence increases, aggregate demand increases
There is no relationship between consumer confidence and aggregate demand
Aggregate demand has no effect on consumer confidence