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Aggregate supply & aggregate demand

Economics & Finance · Macroeconomics — policy

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About this practice set

Aggregate supply & aggregate demand is a Economics & Finance quiz (Macroeconomics — policy) with 5 multiple-choice questions. Pick an answer and read the explanation that follows.

What you will be asked

  • Aggregate demand is total:
  • A fall in aggregate demand:
  • The AD curve slopes:
  • Short-run aggregate supply slopes upward because:
  • A supply shock (e.g. oil price spike) shifts: