Multiple Choice
The recession of 2001 appears to have been mostly the result of decreased
A) aggregate demand due to decreases in the money supply.
B) aggregate demand due to falling stock prices and increased uncertainty.
C) aggregate supply due to early retirements.
D) aggregate supply due to changes in labor laws and decreased availability of natural resources.
Correct Answer:
Verified
Correct Answer:
Verified
Q16: The curve that shows the quantity of
Q20: An increase in the expected price level
Q28: When we say that economic fluctuations are
Q60: Other things the same,an increase in the
Q75: During World War II,<br>A)government purchases of goods
Q88: Which of the following shifts short-run,but not
Q135: Other things the same,as the price level
Q179: Refer to Political Instability Abroad. What would
Q184: An increase in the money supply causes
Q397: Suppose the economy is in long-run equilibrium.