Monetarists determine the aggregate demand curve from
The equation of exchange
Its three component parts: consumer expenditure, investment spending and government spending and government spending
Its four component parts: consumer expenditure, investment spending, government spending and net exports
The spending multiplier
The aggregate demand curve
The total quantity of an economy's intermediate goods demanded at all price levels
The total quantity of an economy's intermediate goods demand at a particular Price level
The total quantity of an economy's final goods and services demanded at a particular level
The total quantity of an economy's final goods and services demanded at different price levels
According to monetarists a decline in the money supply, holding other factors constant, shifts the aggregate ____ curve to the ______.
Demand : right
Demand : left
Supply : right
Supply : left
The aggregate demand curve shift to the left when
The money supply falls
The price level increases
Taxes are increased
All of the above
According to the Keynesian, a decrease in government spending other things equal shifts the aggregate ____ curve to the ______
Demand : light
Keynes assumed the situation of
Full employment
Under employment
Involuntary unemployment
Marginal unemployment
The percentage of the labour force that is unemployed is the
Labour force rate
Unemployment population ratio
Unemployment rate
Employment rate
Stagflation is the result of
Positive supply shock
Negative supply shock
Positive demand shock
Negative demand shock
The aggregate supply curve is
The total quantity of raw materials offered for sale at different process
The total quantity of final goods and services offered for sale at the current price level
The total quantity of final goods and services offered for sale at different price levels
The total quantity of intermediate and final goods ans services offered for sale at different price levels
The total quantity of an economy's final goods and service demanded at different price levels is
The aggregate supply curve
The Phillip's curve
The aggregate expenditure function
