Multiple Choice
An increase in government purchases will cause a(n)
A) increase in aggregate supply.
B) decrease in aggregate supply.
C) decrease in planned aggregate spending.
D) increase in planned aggregate spending.
E) no change in planned aggregate spending.
Correct Answer:
Verified
Correct Answer:
Verified
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 +
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
Q12: When actual output equals potential output,there is
Q13: Suppose that,in an economy,ADI = 5,000 +