Multiple Choice
From an initial equilibrium in the AD-AS model,an increase in consumption growth will initially cause inflation:
A) and real growth to increase.
B) to increase and real growth to decrease.
C) to increase and real growth to remain unchanged.
D) and real growth to remain unchanged.
Correct Answer:
Verified
Correct Answer:
Verified
Q157: In the AD-AS model,an unexpected decrease in
Q158: The Black Plague is an example of
Q159: Greater growth of government spending represents a
Q160: Other things held constant,an increase in the
Q161: The long-run aggregate supply curve is represented
Q163: Which of the following would cause the
Q164: The Solow growth rate is the economy's:<br>A)
Q165: A positive real shock to the economy
Q166: Holding everything else constant,an increase in the
Q167: When consumers suddenly become more pessimistic about