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Gillespie: Foundations of Economics 2e

Unit 22

Instructions

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Question 1

A shift in aggregate supply is likely to:

Question 2

Aggregate demand will increase if:

Question 3

An increase in aggregate demand will have most effect on prices if:

Question 4

Which of the following would increase aggregate demand?

Question 5

Which of the following would decrease aggregate demand?

Question 6

Improved training of employees would:

Question 7

Increased unemployment benefits and less incentive to work would:

Question 8

Increased levels of consumption:

Question 9

Increased levels of spending on imports:

Question 10

If aggregate supply is totally inelastic an increase in aggregate demand will: