Week 5 - Quiz: 3 - Results
Attempt 1 of 2
Written Nov 23, 2025 4:06 PM - Nov 23, 2025 4:09 PM
Attempt Score
Overall Grade (Highest Attempt)
Question 1 points
Aggregate demand (A is the total demand for:
Question options:
Goods and services produced in an economy at various price levels.
Goods and services produced abroad.
Goods and services consumed by households only.
Imported goods only.
Question 2 points
Aggregate supply (AS) represents the total:
Question options:
Imports minus exports in an economy.
Demand for goods and services in the economy at various price levels.
Output of goods and services producers are willing to supply at various price leve
, Spending by households in the economy.
Question 3 points
Using expansionary policies to combat a recession would:
Question options:
Increase a budget surplus.
Increase a budget deficit.
Decrease discretionary spending.
Increase federal revenue.
Question 4 points
An increase in input costs, such as wages or raw materials, will:
Question options:
Shift the aggregate supply curve to the right.
Shift the aggregate supply curve to the left.
Shift the aggregate demand curve to the left.
Shift the aggregate demand curve to the right.
Question 5 points
Which of the following is a component of aggregate demand?
Question options:
Consumer spending
Government spending
, Net exports
All of the options
Question 6 points
Which of the following represents a contractionary fiscal policy?
Question options:
Lowering taxes on households.
Reducing government spending.
Providing tax credits for businesses.
Increasing government spending.
Question 7 points
Which of the following is NOT a component of aggregate supply?
Question options:
Labor and capital.
Government spending.
Technology and productivity.
Natural resources.
Question 8 points
A major limitation of fiscal policy is:
Question options:
It always leads to inflation regardless of the economic context.
Attempt 1 of 2
Written Nov 23, 2025 4:06 PM - Nov 23, 2025 4:09 PM
Attempt Score
Overall Grade (Highest Attempt)
Question 1 points
Aggregate demand (A is the total demand for:
Question options:
Goods and services produced in an economy at various price levels.
Goods and services produced abroad.
Goods and services consumed by households only.
Imported goods only.
Question 2 points
Aggregate supply (AS) represents the total:
Question options:
Imports minus exports in an economy.
Demand for goods and services in the economy at various price levels.
Output of goods and services producers are willing to supply at various price leve
, Spending by households in the economy.
Question 3 points
Using expansionary policies to combat a recession would:
Question options:
Increase a budget surplus.
Increase a budget deficit.
Decrease discretionary spending.
Increase federal revenue.
Question 4 points
An increase in input costs, such as wages or raw materials, will:
Question options:
Shift the aggregate supply curve to the right.
Shift the aggregate supply curve to the left.
Shift the aggregate demand curve to the left.
Shift the aggregate demand curve to the right.
Question 5 points
Which of the following is a component of aggregate demand?
Question options:
Consumer spending
Government spending
, Net exports
All of the options
Question 6 points
Which of the following represents a contractionary fiscal policy?
Question options:
Lowering taxes on households.
Reducing government spending.
Providing tax credits for businesses.
Increasing government spending.
Question 7 points
Which of the following is NOT a component of aggregate supply?
Question options:
Labor and capital.
Government spending.
Technology and productivity.
Natural resources.
Question 8 points
A major limitation of fiscal policy is:
Question options:
It always leads to inflation regardless of the economic context.
