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1、EconomicsofMoney,Banking,andFin.Markets,10e(Mishkin)Chapter22AggregateDemandandSupplyAnalysis22.1AggregateDemand1)Theaggregatedemandcurveisthetotalquantityofaneconomy'sA)intermediategoodsdemandedatdifferentinflationrates.B)intermediategoodsdemandedataparticularinflationr
2、ate.C)finalgoodsandservicesdemandedataparticularinflationrate.D)finalgoodsandservicesdemandedatdifferentinflationrates.Answer:DQuesStatus:RevisedAACSB:Reflectivethinkingskills2)Thetotalquantityofaneconomy'sfinalgoodsandservicesdemandedatdifferentinflationratesisA)theaggr
3、egatesupplycurve.B)theaggregatedemandcurve.C)thePhillipscurve.D)theaggregateexpenditurefunction.Answer:BQuesStatus:RevisedAACSB:Reflectivethinkingskills3)Onewaytoderiveaggregatedemandisbylookingatitsfourcomponentparts,whichareA)consumerexpenditures,plannedinvestmentspend
4、ing,governmentspending,andnetexports.B)consumerexpenditures,actualinvestmentspending,governmentspending,andnetexports.C)consumerexpenditures,plannedinvestmentspending,governmentspending,andgrossexports.D)consumerexpenditures,plannedinvestmentspending,governmentspending,a
5、ndtaxes.Answer:AQuesStatus:PreviousEditionAACSB:Reflectivethinkingskills4)Byanalyzingaggregatedemandthroughitscomponentparts,wecanconcludethat,everythingelseheldconstant,adeclineintheinflationratecausesA)anincreaseinrealinterestrates,anincreaseininvestmentspending,andade
6、clineinaggregateoutputdemand.B)adeclineinrealinterestrates,adecreaseininvestmentspending,andanincreaseinaggregateoutputdemand.C)adeclineinrealinterestrates,anincreaseininvestmentspending,andanincreaseinaggregateoutputdemand.D)anincreaseinrealinterestrates,adeclineininves
7、tmentspending,andadeclineinaggregateoutputdemand.Answer:CQuesStatus:RevisedAACSB:Analyticskills21Copyright©2013PearsonEducation,Inc.5)Bylookingataggregatedemandviaitscomponentparts,wecanconcludethattheaggregatedemandcurveisdownwardslopingbecauseA)alowerinflationratecause
8、stherealinterestratetofall,andstimulatesplannedinvestmentspending.B)alowerinflationratecausestherealint
