economics 1020

A the money demand curve shifts leftward the interest

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Unformatted text preview: demand curve shifts leftward, the interest rate drops, the aggregate expenditure line shifts upward, and there is movement downward along the aggregate demand curve. b. The money demand curve shifts rightward, the interest rate increases, the aggregate expenditure line shifts downward, and there is movement upward along the aggregate demand curve. c. The money demand curve shifts leftward, the interest rate drops, the aggregate expenditure line shifts downward, and there is movement upward along the aggregate demand curve. d. The money demand curve shifts rightward, the interest rate increases, the aggregate expenditure line shifts upward, and there is movement downward along the aggregate demand curve. e. the money demand curve shifts leftward, the interest rate drops, the aggregate expenditure line shifts upward, and there is movement upward along the aggregate demand curve. ____ 179. The aggregate demand curve tells us the equilibrium level of real GDP corresponding to any price level. a. True b. False...
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This note was uploaded on 02/07/2014 for the course ECON 1020-01 taught by Professor Rahman during the Fall '12 term at Tulane.

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