Multiple Choice
An increase in the price level and a decrease in real GDP in the short run could be created by
A) an increase in the money supply.
B) an increase in government expenditures.
C) a fall in stock prices.
D) bad weather in farm states.
Correct Answer:

Verified
Correct Answer:
Verified
Q17: A decrease in U.S.interest rates leads to<br>A)a
Q25: During recessions investment<br>A)falls by a larger percentage
Q47: If speculators lost confidence in foreign economies
Q65: Other things the same,an unexpected fall in
Q70: Pessimism<br>Suppose the economy is in long-run equilibrium.
Q81: We could explain continued increases in both
Q98: Suppose the economy is in long-run equilibrium.Concerns
Q118: Which of the following shifts aggregate demand
Q129: Other things the same,the aggregate quantity of
Q185: As recessions begin, production<br>A)and unemployment both rise.<br>B)rises