
The curve that shows alternative combinations of the price level and real income that result in equilibrium in both the real goods and the money markets is called the:
A) aggregate demand curve.
B) short-run aggregate supply curve.
C) long-run aggregate supply curve.
D) none of the above.
Correct Answer:
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Q2: An increase in the nominal money supply
Q3: A decrease in consumer confidence would shift
Q4: A depreciation of the U.S.dollar would shift
Q5: A decrease in government expenditure would shift
Q6: An income tax system where higher tax
Q7: An increase in wealth would shift the:
A)aggregate
Q8: An appreciation of the U.S.dollar would shift
Q9: A decrease in wealth would shift the:
A)aggregate
Q10: Features of the U.S.federal government expenditure and
Q11: An increase in government expenditure would shift
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