Multiple Choice
Which of the following will lower the price level for sure?
A) The AD curve shifts rightward and the SAS curve remains unchanged.
B) The AD curve shifts rightward and the SAS curve shifts leftward.
C) The LAS curve shifts leftward.
D) The SAS curve shifts leftward.
E) The AD curve shifts leftward and the SAS curve shifts rightward.
Correct Answer:
Verified
Correct Answer:
Verified
Q43: Use the figure below to answer the
Q44: Use the figure below to answer the
Q45: Use the figure below to answer the
Q46: The long- run aggregate supply curve is
Q47: The world goes into an expansion.Starting from
Q49: Which of the following does not change
Q50: An increase in the money wage rate
Q51: Suppose there is an increase in the
Q52: Use the table below to answer the
Q53: The actual unemployment rate equals the natural