Multiple Choice
An increase in investment causes the price level to ________ in the short run and ________ in the long run.
A) increase; increase further
B) increase; decrease
C) decrease; decrease further
D) decrease; increase
E) increase; stagnate
Correct Answer:

Verified
Correct Answer:
Verified
Q47: Lower personal income taxes<br>A)increase aggregate demand.<br>B)decrease disposable
Q48: Interest rates in the economy have risen.How
Q49: During 2008-2009, falling oil prices<br>A)shifted the Canadian
Q50: Using aggregate demand and aggregate supply, explain
Q51: In the dynamic aggregated demand and aggregate
Q53: Figure 9.1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3061/.jpg" alt="Figure 9.1
Q54: Suppose Canadian GDP growth rate is faster
Q55: The long-run aggregate supply curve<br>A)has a negative
Q56: Figure 9.7 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3061/.jpg" alt="Figure 9.7
Q57: Which of the following is one explanation