Exam 9: An Introduction to the Short Run
Exam 1: Introduction to Macroeconomics35 Questions
Exam 2: Measuring the Macroeconomy111 Questions
Exam 3: An Overview of Long-Run Economic Growth106 Questions
Exam 4: A Model of Production128 Questions
Exam 5: The Solow Growth Model125 Questions
Exam 6: Growth and Ideas114 Questions
Exam 7: The Labor Market, Wages, and Unemployment114 Questions
Exam 8: Inflation111 Questions
Exam 9: An Introduction to the Short Run105 Questions
Exam 10: The Great Recession: a First Look104 Questions
Exam 11: The Is Curve122 Questions
Exam 12: Monetary Policy and the Phillips Curve132 Questions
Exam 13: Stabilization Policy and the Asad Framework109 Questions
Exam 14: The Great Recession and the Short-Run Model104 Questions
Exam 15: Dsge Models: the Frontier of Business Cycle Research114 Questions
Exam 16: Consumption104 Questions
Exam 17: Investment111 Questions
Exam 18: The Government and the Macroeconomy115 Questions
Exam 19: International Trade103 Questions
Exam 20: Exchange Rates and International Finance129 Questions
Exam 21: Parting Thoughts35 Questions
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Refer to the following figure when answering
Figure 9.4: U.S. Inflation 1990-2012
(Source: Bureau of Labor Statistics)
-Consider Figure 9.4, which shows the annual inflation rate. According to the Phillips curve, the period from about 2001 to 2002 was a period of:

(Multiple Choice)
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The Great Depression stimulated ________ to write ________, which is considered to be the birth of modern macroeconomics.
(Multiple Choice)
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Generally speaking, the rate of inflation rises during a recession.
(True/False)
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According to the text, which of the following can be used to approximate potential output?
i. Assume a perfectly smooth trend is passing through the quarter-to-quarter movements in the real GDP.
ii. Survey leading economists.
iii. Gather current data from statistical agencies, such as the Bureau of Economic Analysis.
(Multiple Choice)
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