
3.3 Short Run Aggregate Supply
Presentation
•
Social Studies
•
12th Grade
•
Hard
Emily Miller
Used 6+ times
FREE Resource
14 Slides • 5 Questions
1
2
Multiple Choice
Which of the following will cause an increase in aggregate demand?
(A) An increase in the price level
(B) A decrease in income taxes
(C) An increase in the demand for money
(D) A decrease in the supply of money
(E) A decrease in government transfer payments
3
Multiple Choice
If Mr. Woodward's disposable income increases from $600 to $650 and her level of personal consumption expenditures increase from $480 to $520, you may conclude that her marginal propensity to
consume is 0.8
consume is 0.4
save is 0.8
save is 0.4
4
Multiple Choice
The use of government spending and revenue collection to influence the economy.
Monetary Policy
Fiscal Policy
Congressional Policy
Executive Policy
5
Multiple Choice
6
Multiple Choice
If the MPC is .80, the government spending multiplier is:
4
5
3
2
7
8
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11
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