some study guide questions i am stumped on

1 uncertainty about the future is likely to
a increase current spending
b either increase or decrease
c decrease current spending
d no impact on current spending

think it's d

2 as the general price level increases the amount of goods and services that consumers businesses and gvmt desire to puchas will change. How will it be illustrated

a) rightward movement of the aggregate demand curve of the aggregate demand curve
b) price level change causes aggregate supply to shift bringing the economy back into equilibruium
c) a movement down along the aggregate demand curve
d) a leftward movement of the aggregate demand curve
e) a movement up along the aggregate demand curve

3 which of the following is the best indicator of the standard of living

a) nominal GDP
b) real GDP
c) real GDP per capita
d) productivity
e) productivity per unit of labor

4 a demand curve expresses the relation between the quantity demanded and

a price (i think it is A)
b income
c advertising
d all of the above

5. in the classical model the level of employment is determined by the level of aggregate demand

True or False

6 if money demand falls then the interst rate will rise

true or false (true???)

1. To answer question 1, you need to consider the impact of uncertainty about the future on current spending. Think about how people might react when they are unsure about what lies ahead. Will they be more likely to increase their current spending, decrease it, or have no impact on it? Consider common behaviors in uncertain times.

2. For question 2, consider how changes in the general price level affect the desire of consumers, businesses, and government to purchase goods and services. Think about the relationship between price levels and demand, and the resulting shifts or movements on the aggregate demand curve.

3. To answer question 3, consider what indicators best measure the standard of living. Think about the different options listed and their relevance in determining the overall quality of life for individuals in an economy.

4. Question 4 asks about the relation expressed by a demand curve. Think about what factors are usually considered when analyzing demand and how they are represented in a demand curve.

5. True or False questions are straightforward. Consider whether the statement accurately reflects the classical model's view on the determination of employment levels based on aggregate demand.

6. Similar to question 5, determine whether the statement accurately reflects the relationship between money demand and interest rates. Consider the impact of changes in money demand on interest rates.