Multiple Choice
If inflation turns out to be higher than expected,this will
A) shift long-run aggregate supply to the right.
B) shift long-run aggregate supply to the left.
C) shift short-run aggregate supply to the left.
D) shift short-run aggregate supply to the right.
E) have no effect on aggregate supply.
Correct Answer:
Verified
Correct Answer:
Verified
Q63: In the long run,the output of an
Q64: Explain and illustrate how the short-run and
Q65: When an economy has a more stable
Q66: The long-run output of an economy depends
Q67: Which of the following is true about
Q69: An increase in aggregate demand is harmful
Q70: An increase in the value of the
Q71: China's working-age population is expected to decline
Q72: Refer to the following figure to answer
Q73: Which of the following is true about