Which shifts aggregate demand to the left

Assignment Help Microeconomics
Reference no: EM13186999

other things the same, a fall in the economys overall level of prices tends to
1.rise both the quantity demanded and supplied of goods and services
2.rise the quantity demanded of goods and services, but lower the quantity supplied
3.lower the quantity demanded of goods and services, but raise the quantity supplied
4.lower both the quantity demanded and the quantity supplied of goods and services

which of the following shifts aggregate demand to the left
1.an increase in the price level
2.an increase in the money supply
3.a decrease in the price level
4.a decrease in the money supply

Javier lives in Ecuador and purchase a motorcycle manufactured in the US this motorcycle is
1.both a US and Ecuadorian export
2.both import
3.us import and E export
4. us export and E import

which of the following is the most accurate statement
1.trade policy has neither mico nor macoeconomic effects
2.trade policy has similar micro and macro effects
3.the effects of trade policy are more macro than micro
4.the effects of trade policy are more micro than macro

Reference no: EM13186999

Questions Cloud

Calculate the relative fitness and selection coefficient : Calculate the relative fitness and selection coefficient for each genotype and which genotype has the highest selection coefficient? What does this mean?
A fixation is most likely to inhibit : A fixation is most likely to inhibit:
What is the break even price : what is the break even price What is the shut-down price What if cable was currently $70.00 and was lowered to $40.0, how large is the price effect How large would be the quantity effect be What is the profit maximizing qunatity and price for cabl..
Writing high quality specifications as gold plating : Project managers sometimes regard work put into writing high quality specifications as "gold plating", and claim that it is unnecessary as it doesn't contribute to producing program code.
Which shifts aggregate demand to the left : other things the same, a fall in the economys overall level of prices tends to 1.rise both the quantity demanded and supplied of goods and services 2.rise the quantity demanded of goods and services, but lower the quantity supplied3.lower the quantit..
Mandatory training for physicians. : Do think there should be mandatory training for physicians and nurses about how to communicate diagnostic information to patients? Explain your answer.
Organizational hierarchies : Which of the following organizational hierarchies is correct?
Effects of increase in interest rate on lonable funds : stuck on these an open economys GDP is always given by. 1.Y=C+I+G+T 2.Y=C+1+G+S 3.Y=C+I+G 4.Y=C+I+G+NX other things the same, an increase in the U.S interest rate causes the quanity of loanable funds supplied to 1. rise bc net ccapital outflow and do..
Develop specific hypothesis : Develop specific hypothesis as to why generic drug purchasing behavior has not been greater

Reviews

Write a Review

Microeconomics Questions & Answers

  What kind of externality is associated with services

In order to bring about a socially desirable quantity of landscaping service, what should the government do? Explain in words and show the effect of the government action in a graph.

  What would the equilibrium prices and quantities be

Hypothetically, if Apple and Samsung decided to collude, instead of suing and counter-suing each other, what would the equilibrium prices and quantities be? Assuming each firm keeps the profit from its own market, what are these profits?

  Find profit-maximizing average monthly production capacity

Determine the profit-maximizing average monthly production capacity for DermaPlus for each of the possible reference-based prices identified by the consultant. Estimate the expected monthly profit in each case.

  Calculate the long-run equilibrium values

What happens to equilibrium output and the equilibrium interest rate in the short-run, and equilibrium output and theequilibrium price level in the long-run.

  Plot the marginal revenue and marginal cost curves

Plot the marginal revenue and marginal cost curves and is the industry the firm operates in competitive? Is the industry in long-run equilibrium?

  Difference between increase in demand and quantity demanded

Describe the difference between rise in demand and an increase in quantity demanded, through giving an example of what would cause an rise in quantity demanded

  What is the price elasticity of demand for tours

What is the price elasticity of demand for tours? Interpret your answer. Given this elasticity, should Breakaway increase prices to increase revenue? Explain.

  What is the sign of the output gap when the crisis began

Suppose that in response to a foreign crisis, the goverment increases defenst spending to $50 billion. How would the increase in defense spending affect the economy How would the effects differ depending on the size and sign of the output gap when..

  Finding equilibrium fare

The marginal and average cost curves of taxis in metropolis are constant at $.20/mile. The demand curve for taxi trips in metropolis is given by P = 1 - .00001q, where P is the fare, in dollars per mile, and Q is measured in miles per year.

  Plot the data on a scattergram with the s&p index

Plot the data on a scattergram with the S&P index on the vertical axis and CPI on the horizontal axis.What can you say about the relationship between the two indexes?  What does economic theory have to say about this relationship?

  Main factors which affecting current price of gasoline

Discuss the main factors (supply and demand) affecting the current price of gasoline. Include at least two supply and two demand.

  Long-run aggregate supply curve

The long-run aggregate supply curve is vertical at economy's potential output level. Why is the long-run aggregate supply curve situated at his level of output rather than below or above the potential output level?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd