Multiple Choice
If the aggregate supply curve shifts leftward,then _____.
A) the price level increases and output increases
B) the resulting increase in the price level is usually called cost-push inflation
C) the resulting increase in the price level is usually called demand-pull inflation
D) the price level increases as long as the aggregate demand curve shifts rightward
E) the price level decreases and output increases
Correct Answer:

Verified
Correct Answer:
Verified
Q42: An increase in the interest rate,other things
Q43: The consumer price index measures:<br>A)the cost of
Q44: The unemployment rate will decrease whenever there
Q45: An increase in unemployment benefits is likely
Q46: Which of the following periods was not
Q48: If top government officials claim that more
Q49: Unemployment arising from a mismatch of skills
Q50: If two parties to a loan contract
Q51: One of the most widely reported measures
Q52: The higher the anticipated inflation rate,_.<br>A)the more