Multiple Choice
As a result of a sharp decrease in aggregate demand between 1929 and 1933, the unemployment rate changed from _____% in 1929 to _____% in 1933.
A) 0; 3
B) 3: 25
C) 40; 5
D) 25; 0
Correct Answer:

Verified
Correct Answer:
Verified
Q152: Potential output would NOT be increased by:<br>A)
Q153: If the short-run macroeconomic equilibrium is to
Q154: The short-run aggregate supply curve is:<br>A) downward
Q155: The short-run aggregate supply curve is:<br>A) upward
Q156: Use the following to answer questions:<br>Figure: Shifts
Q158: Use the following to answer questions:<br>Figure: AD-AS
Q159: Suppose the economy is operating in long-run
Q160: Suppose that political instability in the Middle
Q161: Use the following to answer questions:<br>Figure: AD-AS
Q162: Stagflation is usually caused by a _