Multiple Choice
If higher inflation is expected in the future, then the
A) AD curve shifts rightward.
B) SAS curve shifts rightward.
C) LAS curve shifts rightward.
D) None of the above answers is correct.
Correct Answer:
Verified
Correct Answer:
Verified
Q196: <span class="ql-formula" data-value="\begin{array}{|l|l|l|}\hline\begin{array}{l}\text { Price level }
Q197: A recessionary gap occurs when<br>A) nominal GDP
Q198: An economy currently has a inflationary gap.
Q199: Which of the following increases aggregate demand?<br>A)
Q200: _ economists believe that the economy is
Q202: Which school of thought believes that recessions
Q203: If the money wage and other resource
Q204: Aggregate demand in India increased in 2008.
Q206: In the short run, an increase in
Q333: In 2008, the Bank of England increased