The opportunity cost is closest to:

government spending to aggregate demand increases positive effect?

Match the following aggregate demand components to their descriptions:

confidence decreased when typically drops?

Which factor is most likely to cause a leftward shift in the aggregate supply curve?

Match the following economic terms to their definitions:

What is the main purpose of contractionary fiscal policy?

True or False: An increase in consumer confidence leads to a decrease in aggregate demand.

What is the Phillips Curve primarily used to illustrate?

  Based on the graph above, if Bus Tickets cost 50 cents each, how much is this individuals budget (in dollars)?