Which of the following equations represents Aggregate Demand
Aggregate Supply & Demand

Quiz
•
Social Studies
•
University
•
Hard
Yo Ma
Used 920+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
GDP = X + I + C + (Y - Z)
GDP = C + I + G + (X - M)
GDP = C + I + X + (G - T)
GDP = (1/MPS)*G + I + C
2.
MULTIPLE SELECT QUESTION
1 min • 1 pt
Which of the following events will increase the Aggregate Demand in the economy. Check all that apply.
The government increasing Income Tax
The Fed lowering interest rates
A rise in the cost of raw material
A supply shock like a new production technology
An increase in consumer confidence
3.
FILL IN THE BLANK QUESTION
1 min • 1 pt
The amount of money that companies pay to maintain or replace its existing capital is called ______________
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Consumption in the economy depends on all these factors EXCEPT.
Corporate Taxes
Consumer Confidence
Income Tax
Interest Rates
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
If a country imports more than it exports, it is experiencing a _______________
Budget Surplus
Budget Deficit
Trade Surplus
Trade Deficit
6.
MULTIPLE SELECT QUESTION
1 min • 1 pt
Which of the following are examples of automatic stabilizers (check all that apply)
Progressive Income Tax
Unemployment Compensation
Balanced Budget Ammendment
Spending on a Military Conflict
Welfare Payments
7.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
If the government lowers taxes and increases spending, this is likely to lead to ___________ inflation
Public-pushed
Demand-pulled
Cost-pushed
Hyperinflation
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