Multiple Choice
-The data in the above table indicate that when the price level is 100
A) inventories fall and the price level rises.
B) the economy is in a long-run macroeconomic equilibrium.
C) inventories rise and the price level falls.
D) the unemployment rate is at its equilibrium level.
Correct Answer:

Verified
Correct Answer:
Verified
Q414: Consider a BMW automobile plant. If the
Q415: For movements along the long-run aggregate supply
Q416: By using only the aggregate demand curve,
Q417: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the above
Q418: Which of the following statements CORRECTLY describes
Q420: If real GDP is less than potential
Q421: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the above
Q422: Suppose there is an increase in the
Q423: Over time in a growing economy, the
Q424: When the prices of U.S.-produced goods rise