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For each of the following situations, indicate whether the result will be an increase or decrease in aggregate supply or aggregate demand, or have no effect. Increase in the marginal propensity to import Choose... Increase in the capital stock Choose... Increase in exports Choose... Choose... Increase in the wage rate Choose... Increase in tax rates Choose... A new technology is developed, increasing productivity Choose... Increase in autonomous expenditure Choose.. Increase in the marginal propensity to consume Increase in the labor supply Choose... Increase in government expenditure Choose...

For each of the following situations, indicate whether the result will be an increase or decrease in aggregate supply or aggregate demand, or have no effect. Increase in the marginal propensity to import Choose... Increase in the capital stock Choose... Increase in exports Choose... Choose... Increase in the wage rate Choose... Increase in tax rates Choose... A new technology is developed, increasing productivity Choose... Increase in autonomous expenditure Choose.. Increase in the marginal propensity to consume Increase in the labor supply Choose... Increase in government expenditure Choose...

Exploring Economics
Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter22: Aggregate Demand And Aggregate Supply
Section: Chapter Questions
Problem 1P
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For each of the following situations, indicate whether the result will be an increase or decrease in aggregate supply or aggregate demand, or have no effect. Increase in the marginal propensity to import Choose... Increase in the capital stock Choose.. increases aggregate supply decreases aggregate supply Increase in exports no effect Increase in the wage rate increases aggregate demand decreases aggregate demand Choose.. Increase in tax rates A new technology is developed, increasing productivity Choose.. Increase in autonomous expenditure Choose.. Increase in the marginal propensity to consume Choose... Increase in the labor supply Choose... Increase in government expenditure Choose...
Transcribed Image Text:For each of the following situations, indicate whether the result will be an increase or decrease in aggregate supply or aggregate demand, or have no effect. Increase in the marginal propensity to import Choose... Increase in the capital stock Choose.. increases aggregate supply decreases aggregate supply Increase in exports no effect Increase in the wage rate increases aggregate demand decreases aggregate demand Choose.. Increase in tax rates A new technology is developed, increasing productivity Choose.. Increase in autonomous expenditure Choose.. Increase in the marginal propensity to consume Choose... Increase in the labor supply Choose... Increase in government expenditure Choose...
For each of the following situations, indicate whether the result will be an increase or decrease in aggregate supply or aggregate demand, or have no effect. Increase in the marginal propensity to import Choose... Increase in the capital stock Choose... Increase in exports Choose... Choose... Increase in the wage rate Choose... Increase in tax rates A new technology is developed, increasing productivity Choose. Choose.. Increase in autonomous expenditure Choose... Increase in the marginal propensity to consume Choose... Increase in the labor supply Choose.. Increase in government expenditure
Transcribed Image Text:For each of the following situations, indicate whether the result will be an increase or decrease in aggregate supply or aggregate demand, or have no effect. Increase in the marginal propensity to import Choose... Increase in the capital stock Choose... Increase in exports Choose... Choose... Increase in the wage rate Choose... Increase in tax rates A new technology is developed, increasing productivity Choose. Choose.. Increase in autonomous expenditure Choose... Increase in the marginal propensity to consume Choose... Increase in the labor supply Choose.. Increase in government expenditure
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Basics:-

  • Aggregate Demand = Consumption + Investment + Government Spending + (Export - Import)
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