Multiple Choice
If > e:
A) firms' profits will increase.
B) money growth will cause the short-run aggregate supply curve to shift.
C) firms' profits will decrease.
D) there will be no change in real GDP growth because it is determined by real factors.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q104: Increased wealth represents a positive AD shock.
Q112: Which of the following is a real
Q161: The long-run aggregate supply curve is represented
Q199: Which of the following would cause the
Q201: The U.S.Great Depression began in what year?<br>A)
Q226: Which of the following is NOT an
Q238: In the basic model with an AD
Q239: Which of the following is an example
Q245: An economy can overcome a large negative
Q246: In recent years, negative oil price shocks