When saving declines the quantity of investment will

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Chapter APPXA / Exercise 22
Finite Mathematics for the Managerial, Life, and Social Sciences: An Applied Approach
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28.When saving declines, the quantity of investment will __________, and therefore aggregate demand will __________.a.increase; increaseb.decrease; decreasec.decrease; increased.increase; decreasee.remain unchanged; decreaseANS: B
DIF: MediumTOP: II.A.2.REF: The Slope of the Aggregate Demand CurveMSC: Applying29.A rise in the price level that leads to a change in the interest rate, and therefore to a change in the quantity of aggregate demand, will cause:
DIF: Difficult TOP: II.A.2.REF: The Slope of the Aggregate Demand CurveMSC: Applying30.When a change in the price level leads to a change in the quantity of net exports demanded, it is called the:
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Chapter APPXA / Exercise 22
Finite Mathematics for the Managerial, Life, and Social Sciences: An Applied Approach
Tan
Expert Verified
DIF: EasyTOP: II.A.3.REF: The Slope of the Aggregate Demand CurveMSC: Remembering31.When U.S. goods become more expensive relative to foreign goods, exports will __________ and imports will __________.
TOP: II.A.3.REF: The Slope of the Aggregate Demand CurveMSC: Understanding32.When the price level rises and U.S. goods become relatively more expensivethan foreign goods, there will be:a.a rightward shift of the aggregate demand curve.b.a leftward shift of the aggregate demand curve.c.an upward movement along the aggregate demand curve.d.a downward movement along the aggregate demand curve.e.a downward movement along the aggregate supply curve.ANS: C
DIF: MediumTOP: II.A.3.REF: The Slope of the Aggregate Demand CurveMSC: Applying33.Shifts in the aggregate demand curve are caused by:
DIF: EasyTOP: II.B.REF: Shifts in Aggregate DemandMSC: Remembering34.Suppose the majority of students who are graduating in May from a large university have found jobs and signed employment contracts by February. Starting in February, these students are likely to __________ spending and __________ saving.
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TOP: II.B.REF: Shifts in Aggregate DemandMSC: Understanding