Multiple Choice
If policymakers expand aggregate demand, then in the long run
A) prices will be higher and unemployment will be lower.
B) prices will be higher and unemployment will be unchanged.
C) prices and unemployment will be unchanged.
D) prices will be lower and unemployment will be higher.
Correct Answer:
Verified
Correct Answer:
Verified
Q99: An adverse supply shock shifts the short-run
Q100: Suppose the price level is 115.00 at
Q101: Figure 35-5 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7555/.jpg" alt="Figure 35-5
Q102: A favorable supply shock will cause<br>A)unemployment to
Q103: Neither monetary policy nor any government policy
Q105: A policy that lowered the natural rate
Q106: If the central bank increases the money
Q107: Scenario 35-1<br>Suppose that in the first half
Q108: A central bank raises the money supply
Q109: Closely watched indicators such as the inflation