Multiple Choice
When the price level rises,the quantity of real GDP supplied ________ because ________.
A) increases;the AS curve shifts rightward
B) increases;new businesses open
C) decreases;businesses fail and have to shut their doors
D) increases;businesses fail and have to shut their doors
E) decreases;new businesses open
Correct Answer:
Verified
Correct Answer:
Verified
Q5: If potential GDP increases,then the<br>A)aggregate supply curve
Q6: A decrease in foreign income _ exports
Q9: Aggregate demand _ and shifts the AD
Q10: The global economy enters a recession,thereby decreasing
Q11: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1012/.jpg" alt=" The change reflected
Q12: Over a business cycle,the quantities of capital,human
Q37: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8401/.jpg" alt=" -The aggregate demand
Q39: A technological advance _ aggregate supply, shifting
Q55: A rise in the price level brings
Q214: A change in the price level produces