Multiple Choice
What would cause prices and real GDP to rise in the short run?
A) short-run aggregate supply shifts right
B) short-run aggregate supply shifts left
C) aggregate demand shifts right
D) aggregate demand shifts left
Correct Answer:

Verified
Correct Answer:
Verified
Q1: What could create an increase in the
Q2: What are the effects of an increase
Q3: How does Canadian aggregate demand change if
Q4: What happens when the price level falls?<br>A)
Q5: Figure 14-1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7554/.jpg" alt="Figure 14-1
Q8: According to the sticky-wage theory, which statement
Q9: Which statement best describes the effects of
Q10: Increased uncertainty and pessimism about the future
Q11: What happens when the price level rises?<br>A)
Q86: Illustrate the classical analysis of growth and