Multiple Choice
When talking about aggregate supply, it is necessary to
A) distinguish between long- run full employment and short- run full employment.
B) focus on the short run.
C) focus on the long run.
D) distinguish between long- run aggregate supply and short- run aggregate supply.
Correct Answer:
Verified
Correct Answer:
Verified
Q26: The short- run aggregate supply curve<br>A)is vertical.<br>B)is
Q27: A change in_creates a movement along the
Q28: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4951/.jpg" alt=" -In the above
Q29: According to the wealth effect, if real
Q30: An increase in foreign incomes<br>A)decreases the aggregate
Q32: Which of the following shifts the aggregate
Q33: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4951/.jpg" alt=" -The curve labelled
Q34: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4951/.jpg" alt=" -In the figure
Q35: The AD curve slopes<br>A)upward due to the
Q36: Moving upward along the SAS results in