Aggregate demand is composed of consumption, investment, government spending and imports.
Correct Answer:
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Q1: The in the equation for the components
Q2: Interest rates are negatively related to I
Q3: Milton Friedman was a major contributor to
Q4: A decrease in the interest rate shifts
Q6: The IS curve is the equilibrium pairs
Q7: An increase in net exports shifts the
Q8: A decrease in taxes increases equilibrium output
Q9: If the marginal propensity to consume is
Q10: The IS curve is upward sloping.
Q11: When Sam buys stock in Ford, increases.
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