Multiple Choice
Suppose a booming stock market encourages consumption spending to rise dramatically. What would be the MOST likely short-run impact?
A) inflation and falling real GDP
B) inflation and rising real GDP
C) a recession and rising prices
D) a recession and falling prices
Correct Answer:

Verified
Correct Answer:
Verified
Q76: Factors that can shift the entire aggregate
Q77: If the market power of firms increases,
Q78: During cost-push inflation, aggregate output _ and
Q79: Suppose workers are under a contract in
Q80: Government spending on Social Security<br>A) decreases aggregate
Q82: A rise in real GDP is associated
Q83: Which of these will NOT shift the
Q84: According to the textbook, what brought the
Q85: (Figure: Shifting SRAS and AD) <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8176/.jpg"
Q86: Aggregate supply is the<br>A) real GDP that