Multiple Choice
In a demand-pull inflation, if the Fed stops expanding the quantity of money,
A) a cost-push inflation will occur.
B) the demand-pull inflation ends.
C) a deflation will occur.
D) government expenditure will cause the demand-pull inflation to continue.
E) None of the above answers is correct.
Correct Answer:
Verified
Correct Answer:
Verified
Q2: When the price level falls,<br>A)there is a
Q3: During the late 1960s, U.S. defense spending
Q4: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2787/.jpg" alt=" - The aggregate
Q5: The aggregate demand curve shifts when any
Q6: As the money wage rate increases,<br>A)potential GDP
Q7: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2787/.jpg" alt=" In the figure
Q8: Over a business cycle, the quantities of
Q9: If the price of oil rises, the<br>A)AD
Q10: If real GDP is less than potential
Q11: According to the AS-AD model,<br>A)the AS curve