Multiple Choice
Which of the following shifts the short-run aggregate and the long-run aggregate supply left?
A) a decrease in the price level
B) a decrease in the expected price level
C) a decrease in the working age population
D) a decrease in consumption
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q118: An economy is described by the aggregate-demand
Q119: How does real GDP change over time?<br>A)
Q120: An unexpected increase in the price level
Q121: Assuming that a is positive, how are
Q122: If the economy is initially in long-run
Q124: Which of the following shifts aggregate demand
Q125: In which situation would stagflation exist?<br>A) when
Q126: After a major flood destroyed a large
Q127: Which relationship does the model of aggregate
Q128: The explanations for the slopes of the