D Question 5 3 pts The aggregate demand and aggregate supply model is generally used to study the O the effects of macroeconomic policy on the prices of individual goods. the long-run effects of international trade policies. O short-run fluctuations in the economy. O productivity and economic growth. D Question 6 3 pts During a recession the economy experiences O rising unemployment and falling GDP. rising unemployment and GDP. O falling unemployment and GDP. O rising GDP and falling unemployment. Question 7 3 pts Which of the following is correct? An increase in the price of oil causes the aggregate supply curve to shift right. O A decrease in consumption causes the aggregate supply curve to shift right. A recession in other countries reduces U.S. net exports so that U.S. aggregate demand shifts left. An increase in investment causes the aggregate demand curve to shift left. Question 8 3 pts The short-run aggregate supply curve shifts left if Physical capital increases. there is a natural disaster. None of the above is correct. the government removes some environmental regulations that limit production methods. Question 9 3 pts The maximum amount that a $300 deposit could increase total deposits if the reserve ratio is 25% is O $75 O $300 O. $1200 O $375 Question 10 3 pts If there is a recession, what type of policy might Congress decide to implement? O Contractionary fiscal policy Expansionary monetary policy Expansionary fiscal policy O Contractionary monetary policy