Uop ECO 372 Week 2 knowledge Check NEW
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<strong>Uop</strong> <strong>ECO</strong> <strong>372</strong> <strong>Week</strong> 2 <strong>knowledge</strong> <strong>Check</strong> <strong>NEW</strong><br />
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2-<strong>knowledge</strong>-check-updated<br />
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1.The globalized AS/AD curve is the standard AS/AD model with an added<br />
2.According to Say's Law, people<br />
3.A shift in the long-run aggregate supply curve will change<br />
4.The hypothesis about the macroeconomy that sees the recent problems with the<br />
U.S. economy directly related to the structural problems caused by globalization is<br />
referred to as the __________ hypothesis.<br />
8.The central difference between the standard theory and the structural stagnation<br />
hypothesis when it comes to growth is<br />
5.In 2009, the personal savings rate rose. If the additional savings were not<br />
translated into investment, Keynes would predict that aggregate income would<br />
6.According to the Keynesian model,<br />
7.The study of economic growth focuses on the factors that cause an