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Survey of economics
Question: As interest rates change, what types of spending are affected? consumption and government spendin...

Show transcribed image text As interest rates change, what types of spending are affected? consumption and government spending taxes and investment consumption and investment imports and consumption The GDP is an inaccurate measure of wellbeing because It ignores the blackmarket It places no value on activities takes place outside of the marketplace, like going to the park with the kids Environmental degradation is not accounted for All of the above Suppose workers go on strike and as a result receive higher wages. As a result, the aggregate supply curve would shift to the right shift to the left become horizontal become vertical In the short run, an increase in aggregate demand lowers the price level and decreases real GDP. lowers the price level and increases real GDP. increases the price level and increases real GDP. increases the price level and decreases real GDP.

As interest rates change, what types of spending are affected? consumption and government spending taxes and investment consumption and investment imports and consumption The GDP is an inaccurate measure of wellbeing because It ignores the blackmarket It places no value on activities takes place outside of the marketplace, like going to the park with the kids Environmental degradation is not accounted for All of the above Suppose workers go on strike and as a result receive higher wages. As a result, the aggregate supply curve would shift to the right shift to the left become horizontal become vertical In the short run, an increase in aggregate demand lowers the price level and decreases real GDP. lowers the price level and increases real GDP. increases the price level and increases real GDP. increases the price level and decreases real GDP.