Multiple Choice
If oil prices fall at the same time that the federal government increases its purchases,in the short run
A) aggregate output and the price level will both increase.
B) aggregate output will increase, but the price level will fall.
C) aggregate output and the price level will both fall.
D) aggregate output will increase, but the price level may either increase or decrease.
Correct Answer:
Verified
Correct Answer:
Verified
Q46: If the economy experiences simultaneous negative aggregate
Q48: Following the recession of 2007-2009,the unemployment rate
Q50: Why is the short-term nominal interest rate
Q53: In August 2016,what percentage of the unemployed
Q54: All of the following have been proposed
Q55: Suppose a company expects prices in general
Q56: How do new Keynesians use menu costs
Q64: A shift of the AD curve<br>A)to the
Q74: According to the new classical view, aggregate
Q79: If the expected price level increases at