Chapter 13
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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show | aggregate demand curve
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show | aggregate demand and aggregate supply model
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a curve that shows the relationship in the short run between the price level and the quantity of real gdp supplied by firms | show 🗑
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show | investment and consumption spending
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best describes the wealth effect | show 🗑
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potential gdp refers to the level of | show 🗑
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is vertical | show 🗑
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show | the aggregate demand and short run aggregate supply curves intersect at a point on the long run aggregate supply curve
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in the dynamic aggregated demand and aggregate supply, if ad shifts further than as | show 🗑
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show | when the price levels falls, the real value of household wealth rises, and so will consumption
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show | higher interest rates and lower investment
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the international trade effect refers to the fact that an increases in the price level will result in | show 🗑
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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