Multiple Choice
The aggregate supply curve shows the relationship between
A) potential GDP and real GDP.
B) potential GDP and the price level.
C) potential GDP and the aggregate demand curve.
D) the quantity of real GDP supplied and the price level.
E) the quantity of real GDP supplied and the interest rate.
Correct Answer:
Verified
Correct Answer:
Verified
Q123: Real GDP definitely increases if<br>A)potential GDP decreases
Q124: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2787/.jpg" alt=" The change reflected
Q125: A decrease in foreign income<sub>--------------------</sub> exports of
Q126: Which of the following shifts the aggregate
Q127: The aggregate demand curve illustrates the relationship
Q129: A fall in the real wage rate<br>A)does
Q130: A change in the price level produces
Q131: Which of the following changes aggregate supply
Q132: A tax increase<br>A)increases the quantity of real
Q133: If the price level increases, there is