Multiple Choice
In the short-run,a supply shock will lead to
A) movement of prices and output in the same direction.
B) movement of prices and output in opposite directions.
C) a sustained inflation.
D) a movement in prices,but not output.
Correct Answer:

Verified
Correct Answer:
Verified
Q93: The more that firms in an economy
Q94: Robert Lucas Jr.adapted the fooling model to
Q95: After a drop in nominal aggregate demand,if
Q96: "Non-market-clearing" approaches to macroeconomics include<br>A)the original Keynesian
Q97: In the fooling model,suppose that from an
Q99: If the markets in the economy are
Q100: In the fooling model's labor market diagram,from
Q101: If the labor supply curve is upward-sloping,an
Q102: The "New Keynesian" macroeconomics centered on<br>A)the assumption
Q103: Assuming that workers will be pushed off