Actually those do look correct which ones did you get wrong?
If consumer confidence decreases then aggregate demand will
decrease and output will decrease but price level will increase.
If Congress passes a plan to cut the national debt in half by increasing personal income taxes, then
AD shifts left and price level would decrease
Question 5(Multiple Choice Worth 3 points)
Assume Angela’s disposable income is $800 and her boss gives her a $100 raise. Her consumption increased from $600 to $650. Which of the following is true?
MPC = .75
The value of the expenditure multiplier increases when
tax rates increase.
the marginal propensity to consume increases.
Disposable Income Consumer Spending
$12,000
Answer:
12,341 have died in L.A. and that is the amount of confirmed cases as well
Explanation:
16) D
17) D
18) C
I suggest to look up the definitions of words you do not know to compare meaning. This is only a test of how well you know the meanings of all of these words.