Multiple Choice
An upward shift of the Bank of Canada's monetary policy rule function corresponds to a _________ the aggregate demand (ADI) curve,and an increase in autonomous aggregate demand corresponds to a _________ the aggregate demand (ADI) curve.
A) shift to the left of;movement up
B) shift to the left of;shift to the right of
C) movement up;movement down
D) movement up;shift to the right of
E) shift to the right of;shift to the left of
Correct Answer:

Verified
Correct Answer:
Verified
Q2: When actual inflation equals the value determined
Q3: Starting from a long-run equilibrium,immediate or eventual
Q4: Suppose that,in an economy,ADI = 800 +
Q5: When no output gap exists,actual output _
Q6: The long-run self-correcting mechanism that eliminates a
Q7: Suppose that,in an economy,ADI = 800 +
Q8: An increase in government purchases will cause
Q9: The short-run costs of disinflation are<br>A) higher
Q10: Low expected inflation leads to _ increases
Q11: An upward shift in the Bank of