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What situation could have caused the change in the macroeconomic diagram below?

What situation could have caused the change in the macroeconomic diagram below?

AD/SRAS Diagrams

8 terms·StudBud Administration·407 plays

A quiz to test ability to identify how factors affect aggregate demand and short-run aggregate supply.

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Questions 8

Answers

1
What situation could have caused the change in the macroeconomic diagram below?
Increased oil prices
Decreased investment (I)
Increased exports (X)
Decreased government spending (G)
2
What situation could have caused the change in the macroeconomic diagram below?
Declining wage rates
Increased costs of factors of production
Increased government spending (G)
Increased exports (X)
3
What situation could have caused the change in the macroeconomics diagram below?
Rise in wages
Decrease in investment
Increase in consumption (C)
Decline in oil prices
4
What situation could have caused the change in the macroeconomic diagram below?
Increased costs of factors of production
Increased costs of imports
Increased investment
Decreased exports (X)
5
What situation could have caused the change in the macroeconomic diagram below?
Investment (I) increases
Imports (M) increase
Cost of factors of production decline
Exports (X) decrease
6
What situation could have caused the change in the macroeconomics diagram below?
Decreasing imports (M)
Decreasing wage rates
Increasing costs of factors of production
Increasing consumption (C)
7
What situation could have caused the change in the macroeconomics diagram below?
Government spending (G) increases
Exports (X) decrease
Wage rates increase
Oil prices decrease
8
What situation could have caused the change in the macroeconomic diagram below?
Government spending declines
Investment (I) declines
Wages decline
Exports (X) increase