Question: Q5 A decrease in labor productivity would shift the real aggregate supply curve to the left. shift the real aggregate supply curve to the right.

Q5 A decrease in labor productivity would

  • shift the real aggregate supply curve to the left.
  • shift the real aggregate supply curve to the right.
  • shift the total expenditure curve to the right.
  • shift the total expenditure curve to the left.

Q6 Which factor can shift the entire consumption function?

  • Consumer expectations about the future
  • Government spending
  • Export spending

Q7 The ________ shows the graphical relationship between income and consumer spending.

  • income-expenditure model
  • consumption function
  • spending model

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