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Hello! May I please get some help with these matching questions in ECON. Thank you!Aggregated Mathing Questions.png

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From the list on your right select the letter that contains the word, phrase, name, etc that best matches the word, phrase, name, etc listed on the left.
v Real Balance (wealth) effect
A massive cut in government expenditure
Table of exchange rates between U.S Dollar and Chinese Yuan Renminbi for 2
A. Relevant to the interest rate effect
consecutive years
B. The aggregate demand curve shifts to the right
Year
C. The level of Real GDP is fixed at a given amount regardless of the price level
1
$1 2 6.80
D. Upward sloping SRAS curve
2
$1 Y6.85
E. = (Nominal Wage x Price) / 100
LRAS curve
A decline in the price level prompts a decrease in the demand for credit
F. A rightward movement along the AD curve to a lower level of real GDP demanded
G. Possible increase in U.S. export to China
Island of Puerto Rico 'destroyed' by Hurricane
H. Inflationary gap is observed
THE ISLAND
Maria
DESTROYED"
Duration: 3:07
1.
Adverse Supply shock - SRAS curve shifts to the left, Real GDP will fall, and the price level will
User: n/a - Added: 9/20/17
rise
Watch Video
J. No matter what the price level is, real wages remain constant.
K. Declines with an increase in the price level, ceteris paribus
L. The current unemployment rate is above the natural rate of unemployment
M.
A decline in the overall price level improves the purchasing power of monetary wealth leading
The AD curve intersects the SRAS curve to the left of the LRAS curve
"to increased spending
Real Wage
N. Possible decline in Chinese import from the U.S.
O. AD curve shifts to the left
v Sticky wages
Foreign real national income rises, business tax declines, individuals are optimist about
their future incomes

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Subject: Business, Economics

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