Solved

-The Data in the Above Table Indicate That When the Price

Question 189

Multiple Choice

-The data in the above table indicate that when the price level is 120, A) inventories rise and the price level falls. B) the unemployment rate is at its equilibrium level. C) the economy is in a long- run macroeconomic equilibrium. D) inventories fall and the price level rises.
-The data in the above table indicate that when the price level is 120,


A) inventories rise and the price level falls.
B) the unemployment rate is at its equilibrium level.
C) the economy is in a long- run macroeconomic equilibrium.
D) inventories fall and the price level rises.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q44: If the world economy expands so that

Q184: Disposable income when .<br>A) decreases; aggregate income

Q185: The aggregate demand curve shows<br>A) the quantity

Q187: Which of the following shifts the aggregate

Q188: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5270/.jpg" alt=" -In the above

Q190: The equilibrium level of GDP occurs at

Q191: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5270/.jpg" alt=" -The curve labeled

Q193: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5270/.jpg" alt=" -In the above

Q194: A decrease in the quantity of money<br>A)

Q244: In the short run, a supply shock