1. Which of the following would cause the dynamic DAD (Dynamic Aggregate Demand) curve to shift in (back)? A) a decrease in consumer confidence. B) a decrease in the inflation rate. C) an increase in consumer wealth. D) an increase in the short-run aggregate supply (SRAS) curve. 2. Which of the following most likely causes a shift of the Solow growth curve to the right? A) an increase in the money supply B) a decrease in tax revenues C) an increase in crop production due to more rainfall D) an increase in oil prices due to a fire in a major oil refinery E) None of the above. 3. All of the following are examples of a positive DAD (Dynamic Aggregate Demand) shock EXCEPT A) a faster than expected growth rate of the money supply. B) an unexpected increase in consumer confidence. C) an unexpected increase in productivity growth. D) an unexpected increase in export growth. E) All of the examples result in a positive DAD
1. Which of the following would cause the dynamic DAD (Dynamic Aggregate
A) a decrease in consumer confidence.
B) a decrease in the inflation rate.
C) an increase in consumer wealth.
D) an increase in the short-run
2. Which of the following most likely causes a shift of the Solow growth curve to the right?
A) an increase in the money supply
B) a decrease in tax revenues
C) an increase in crop production due to more rainfall
D) an increase in oil prices due to a fire in a major oil refinery
E) None of the above.
3. All of the following are examples of a positive DAD (Dynamic Aggregate Demand) shock EXCEPT
A) a faster than expected growth rate of the money supply.
B) an unexpected increase in consumer confidence.
C) an unexpected increase in productivity growth.
D) an unexpected increase in export growth.
E) All of the examples result in a positive DAD
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