Multiple Choice
We observe a decrease in the price level and an increase in real GDP.Which of the following is a possible explanation?
A) a decrease in the quantity of money
B) a decrease in expected future income
C) an increase in expected future profits
D) an increase in the quantity of capital
E) an increase in factor prices
Correct Answer:
Verified
Correct Answer:
Verified
Q1: Consider an economy starting from a position
Q3: If the price level rises, then the
Q4: Which one, if any, of the following
Q5: Everything else remaining the same, an increase
Q6: A technological advance shifts the<br>A)SAS and LAS
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Q11: A vertical long- run aggregate supply curve