Exhibit 20A-2 Macro AD/AS Models

question 68

Multiple Choice

Exhibit 20A-2 Macro AD/AS Models

In Panel (a) of Exhibit 20A-2, an expansionary Keynesian government stabilization policy designed to move the economy from Y₁ to Y_p would shift the:

• A) aggregate demand curve (A
• D)to the left.
• B) aggregate demand curve (A
• D) to the right.
• C) SRAS rightward.
• D) LRAS rightward.

Comprehend the concept of the efficient frontier and identify portfolios that lie on it.

Grasp the concept of correlation and its importance in portfolio diversification.

Calculate and interpret the global minimum variance portfolio.

Understand the role of the Capital Asset Pricing Model (CAPM) and the capital allocation line (CAL).

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