Examlex
Which of the following will shift the aggregate demand curve to the left, ceteris paribus?
Unexpected Inflation
Unexpected inflation denotes the rate at which the general level of prices for goods and services rises, and subsequently, purchasing power falls, beyond what was anticipated.
Central Bank
The principal monetary authority of a country, responsible for regulating the money supply, issuing currency, and controlling interest rates.
Money Supply
The total amount of monetary assets available in an economy at a specific time, including currency and various types of deposits.
Fisher Effect
The economic theory proposing that the real interest rate is independent of monetary measures, especially the nominal interest rate and the expected inflation rate.
Q49: If households in the economy decide to
Q66: An open market purchase of government securities
Q69: Into which category of aggregate expenditure would
Q123: John Maynard Keynes argued that if many
Q160: Which of the following countries actually experienced
Q194: You are an economic advisor to the
Q236: Explain how the economy moves back to
Q255: The lender of last resort for banks
Q260: Economists think that the marginal propensity to
Q275: During the Great Depression, economists first began