demand to shift leftward supply to shift rightward supply to shift leftward 1 1

Demand to shift leftward supply to shift rightward

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demand to shift rightward. demand to shift leftward. supply to shift rightward. supply to shift leftward. 1 / 1 pts Question 5
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5/8/2019 M12: Quiz: 00A-Spring 2019-Economics Fundamentals CAFE 4/7 The real balances effect predicts that higher prices: make people worse off by reducing the value of their wealth, leading them to save more and spend less. make people worse off by reducing the value of their wealth, leading them to save less and spend more. make people better off by increasing the value of their wealth, leading them to save less and spend more. increase borrowing, leading to higher interest rates and less investment. 0 / 1 pts Question 6 Incorrect Incorrect Exhibit 14A-1 Aggregate demand and supply model Based on Exhibit 14A-1, when the aggregate demand curve shifts to the position AD 2
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5/8/2019 M12: Quiz: 00A-Spring 2019-Economics Fundamentals CAFE 5/7 and the economy is operating at point E , the economy’s position of long-run equilibrium corresponds to point: 2 E . 1 E . 2 E . 3 E or E . 1 3 0 / 1 pts Question 7 Incorrect Incorrect Economic growth is measured by the percentage change in: potential nominal GDP. structural unemployment.
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