Multiple Choice
As a generalization, it can be said that
A) aggregate demand shifts to the right every year, but aggregate supply rarely does.
B) aggregate supply shifts to the right every year, but aggregate demand rarely does.
C) both aggregate demand and aggregate supply shift to the right each year.
D) neither aggregate demand nor aggregate supply curve shifts to the right each year.
Correct Answer:

Verified
Correct Answer:
Verified
Q10: Figure 17-8<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2282/.jpg" alt="Figure 17-8
Q13: The Phillips curve shows the relationship between<br>A)the
Q59: Most economists reject the theory of rational
Q72: In the 1970s, why did the short-run
Q83: Most economists today believe that the Phillips
Q87: The theory of rational expectations says that<br>A)workers
Q89: Many economists think that, in the long
Q100: What reasons would economists give for an
Q203: If workers underestimate inflation, the aggregate supply
Q211: The Phillips curve is built on the