2. Macroeconomic Theory

Ad And As — Quiz

Test your understanding of ad and as with 5 practice questions.

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Practice Questions

Question 1

Which of the following would cause a leftward shift in the Aggregate Demand (AD) curve?

Question 2

What is the primary reason the Short-Run Aggregate Supply (SRAS) curve is upward sloping?

Question 3

If the economy is currently in a long-run equilibrium, and there is a technological advancement that increases productivity, what will be the immediate effect on the Long-Run Aggregate Supply (LRAS) curve?

Question 4

Which of the following scenarios would lead to cost-push inflation?

Question 5

In the AD-AS model, what happens to the equilibrium price level and real output if there is a simultaneous increase in Aggregate Demand (AD) and a decrease in Short-Run Aggregate Supply (SRAS)?