Aggregate demand ________ and   shifts the  AD curve ________ when ________.     decreases; leftward; government expenditure increases     decreases; leftward; foreign incomes decrease     increases; leftward; taxes decrease     increases; rightward; taxes increase     decreases; rightward; government expenditure increases

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A: Average variable cost = Total variable cost / Output Marginal cost = Change in total cost / Change…

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A: NOTE: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question…

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Q: (.84) InQ 21.25lnP + 1.5lny + = 0.67lnS R² =.611 (.91) (.55) (.36) where Q = unit sales, P = price…

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A: Aggregate supply shows a positive relationship between price level and real GDP. It slopes upward.

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