31 May Question Question 1 of 40 2.5 Points
Question
| Question 1 of 40 | 2.5 Points |
When the real GDP increases, disposable income and consumption expenditure __________.
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A. do not change |
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B. become inverted |
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C. decrease |
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D. increase |
| Question 2 of 40 | 2.5 Points |
A rise in the price level __________ the buying power of money.
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A. does not affect |
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B. increases |
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C. decreases |
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D. inverts |
| Question 3 of 40 | 2.5 Points |
How does an increase in potential GDP affect aggregate supply?
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A. It decreases aggregate supply. |
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B. It increases aggregate supply. |
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C. It barely has any effect. |
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D. Since it applies to an “imaginary” market, it does not affect aggregate supply. |
| Question 4 of 40 | 2.5 Points |
__________ occurs when aggregate planned expenditure equals real GDP.
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A. Price-fixing |
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B. Stable economic leveling |
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C. Unplanned inventory change |
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D. Equilibrium expenditure |
| Question 5 of 40 | 2.5 Points |
Aggregate __________ is the sum of planned consumption expenditure, investment, government expenditure on goods and services, and exports minus imports.
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