Multiple Choicerightward shift in the economy's aggregate demand curve.leftward shift in the economy's aggregate supply curve.leftward shift in the economy's aggregate demand curve.movement along an existing aggregate demand curve.

The effect of expansionary fiscal policy is shown as aMultiple Choicerightward shift in the economy's aggregate demand curve.leftward shift in the economy's aggregate supply curve.leftward shift in the economy's aggregate demand curve.movement along an existing aggregate demand curve.

A restrictive monetary policy is designed to shift theMultiple Choiceaggregate demand curve rightward.aggregate demand curve leftward.aggregate supply curve rightward.aggregate supply curve leftward.

Other things being equal, if the national income of our major international trading partners were to rise, our (Australia's): Group of answer choicesaggregate demand curve would shift to the right.short-run aggregate supply curve would shift to the left.short-run aggregate supply curve would shift to the right.aggregate demand curve would shift to the left.

An increase in consumer income increases the demand for automobiles. As a result of the adjustment to a new equilibrium, there is a(n):A.leftward shift of the supply curve.B.upward movement along the supply curve.C.downward movement along the supply curve.D.rightward shift of the supply curve.E.no change in the graph.

If the demand curve for a good is horizontal and the price is positive, then a leftward shift of the supply curve results inGroup of answer choicesa price of zero.an increase in price.a decrease in price.no change in price.