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-Based on the Data in the Table Above,at the Short-Run

Question 139

Multiple Choice

 Price level  Aggregate demand  (trillions of 2005  dollars)   Short-run aggregate  supply (trillions of 2005 dollars)   Long-run aggregate  supply (trillions of  2005 dollars)  100117101101081012099101308101014071110\begin{array} { | c | c | c | c | } \hline \text { Price level } & \begin{array} { c } \text { Aggregate demand } \\\text { (trillions of 2005 } \\\text { dollars) }\end{array} & \begin{array} { c } \text { Short-run aggregate } \\\text { supply (trillions of } \\2005 \text { dollars) }\end{array} & \begin{array} { c } \text { Long-run aggregate } \\\text { supply (trillions of } \\\text { 2005 dollars) }\end{array} \\\hline 100 & 11 & 7 & 10 \\\hline 110 & 10 & 8 & 10 \\\hline 120 & 9 & 9 & 10 \\\hline 130 & 8 & 10 & 10 \\\hline 140 & 7 & 11 & 10 \\\hline\end{array}
-Based on the data in the table above,at the short-run equilibrium


A) the unemployment rate is less than the natural unemployment rate.
B) the unemployment rate is greater than the natural unemployment rate.
C) money wage rates will rise in long-run.
D) the economy is at full employment.

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