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DP Economics 3.2 Variations in Economic Activity - Aggregate Demand and Aggregate Supply

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According to the neo-classical model, what angle is the LRAS curve on? - correct answer.It is vertical AD non-price determinants for government - correct answer.- Government spending (e.g education, health care, infrastructure) - Political and economic priorities AD non-price determinants of consumption - correct answer.- Consumer confidence - Unemployment - Taxes - Interest Rates - Wealth (perceived, actual) - Indebtedness - Future expectations AD non-price determinants of investment - correct answer.- Interest rates - Business confidence - Technology - Business taxes - Corporate indebtedness AD non-price determinants of net exports - correct answer.- Income of trading partners - Exchange rates - Change in trade policies

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  • dp economics 32 variations in economic activity
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