Multiple Choice
If there is an increase in both the price level and employment, which of the following could possibly explain this?
A) Price level fall
B) Interest rate fall
C) Productivity increase
D) All of the above
Correct Answer:
Verified
Correct Answer:
Verified
Q5: Okun's law looks at the relationship between:<br>A)inflation
Q6: Keynes attempted to explain:<br>A)short-run economic fluctuations and
Q7: The aggregate-demand curve is downward-sloping because of
Q8: The aggregate-supply curve shows:<br>A)the quantity of goods
Q9: For a given level of inflation, if
Q11: Starting with AD₁ and AS<sub>1</sub> in the
Q12: The components of aggregate expenditure that depend
Q13: As long as aggregate supply remains constant,
Q14: The business cycle follows a regular and
Q15: The aggregate-demand curve shows:<br>A)the quantity of goods