
When drawn against the real interest rate,the output demand curve shifts to the right when
A) current total factor productivity z increases.
B) current total factor productivity z decreases.
C) future total factor productivity z' increases.
D) future total factor productivity z' decreases.
E) current and future total factor productivity z' decreases.
Correct Answer:
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Q42: An increase in total factor productivity causes
A)
Q43: An increase in government spending
A) increases taxes
Q44: In response to a temporary increase in
Q45: The output demand curve shows the
A) positive
Q46: Multipliers above 1 occur in models that
Q48: The total government expenditure multiplier is less
Q49: When drawn against current income,the slope of
Q50: The partial expenditure multiplier
A) is the total
Q51: A temporary increase in government spending that
Q52: The equilibrium effects of a temporary increase
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