Multiple Choice
Which of the following will not cause the price level to increase in the long- run?
A) a decrease in income taxes
B) an increase in government spending
C) a decrease in the money supply
D) a decrease in the interest rates
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q80: Suppose there are three economies with 3
Q81: Recall Application 2, "Two Approaches to Determining
Q82: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5231/.jpg" alt=" Figure 9.5 -Refer
Q83: An example of a good/service that has
Q84: Which of the following would cause the
Q86: Prices of inputs tend to be sticky
Q87: Suppose that the economy is at a
Q88: In the short run, higher taxes will
Q89: In the long run, an increase in
Q90: If prices are slow to adjust, then