100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Chapter 13 Macro HW, ECO CH16, Economics Chap 14, Macroeconomics Ch. 15, 16 & 17, Macro Exam 2 (HW 5), ECON 202, ECON chapter 7, Chapter 13-17 Quiz macro, Practice Final Econ, Macro Exam 2 (HW 7), Econ Test 2, Macro Midterm, Macroeconomics Exam 1, All 1,6 $12.99
Add to cart

Exam (elaborations)

Chapter 13 Macro HW, ECO CH16, Economics Chap 14, Macroeconomics Ch. 15, 16 & 17, Macro Exam 2 (HW 5), ECON 202, ECON chapter 7, Chapter 13-17 Quiz macro, Practice Final Econ, Macro Exam 2 (HW 7), Econ Test 2, Macro Midterm, Macroeconomics Exam 1, All 1,6

 4 purchases
  • Course
  • Chapter 13 Macro HW, ECO CH16, Economics Chap 14,
  • Institution
  • Chapter 13 Macro HW, ECO CH16, Economics Chap 14,

Chapter 13 Macro HW, ECO CH16, Economics Chap 14, Macroeconomics Ch. 15, 16 & 17, Macro Exam 2 (HW 5), ECON 202, ECON chapter 7, Chapter 13-17 Quiz macro, Practice Final Econ, Macro Exam 2 (HW 7), Econ Test 2, Macro Midterm, Macroeconomics Exam 1, All 1,610 Questions Correctly Answered 2023 Review.

Preview 4 out of 412  pages

  • October 11, 2023
  • 412
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
  • Chapter 13 Macro HW, ECO CH16, Economics Chap 14,
  • Chapter 13 Macro HW, ECO CH16, Economics Chap 14,
avatar-seller
Pronurse1
Chapter 13 Macro HW, ECO
CH16, Economics Chap 14,
Macroeconomics Ch. 15, 16 &
17, Macro Exam 2 (HW 5),
ECON 202, ECON chapter 7,
Chapter 13-17 Quiz macro,
Practice Final Econ, Macro
Exam 2 (HW 7), Econ Test 2,
Macro Midterm,
Macroeconomics Exam 1, All
1,610 Questions Correctly
Answered 2023 Review.

,Because of the slope of the aggregate demand curve, we can say that a
decrease in the price level:


A. leads to a decrease in aggregate demand


B. leads to an increase in aggregate demand


C. leads to a higher level of real GDP demanded.


D. leads to a lower level of real GDP demanded - Verified Answer: C.
leads to a higher level of real GDP demanded


An increase in the value of which of the following would NOT increase
household wealth?


A. a credit card balance
B. 500 shares of Google stock
C. the balance in your savings account
D. the equity in one's home - Verified Answer: A. a credit card balance


An increase in the price level results in a(n) ______________ in the
quantity of real GDP demanded because _____________.

,A. increase; a higher price level reduces consumption, investment, and
net exports


B. increases; a higher price level increases consumption, investment,
and net exports


C. decrease; a higher price level increases consumption, investment,
and net exports


D. decreases; a higher price level reduces consumption, investment,
and net exports - Verified Answer: D. decrease; a higher price level
reduces consumption, investment, and net exports


When the price level in the United States falls relative to the price level
of other countries, __________ will fall, ____________ will rise, and
______________ will rise.


A. net exports; exports; imports
B. imports; exports; net exports
C. exports; imports; net exports

, D. net exports; imports; exports - Verified Answer: B. imports; exports;
net exports


Deflation will


A. increase aggregate demand
B. decrease aggregate demand
C. increase the quantity of real GDP demanded


D. decreases the quantity of real GDP demanded - Verified Answer: C.
increase the quantity of real GDP demanded


The recession of 2007-2009 made many consumers pessimistic about
their future incomes.


How does this increased pessimism affect the aggregate demand curve?


A. This will move the economy down along a stationary aggregate
demand curve


B. This will shift the aggregate demand curve to the right

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Pronurse1. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $12.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

67479 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 15 years now

Start selling
$12.99  4x  sold
  • (0)
Add to cart
Added