Multiple Choice
Which of the following shifts the short-run, but not the long-run, aggregate supply right?
A) a decrease in the price level
B) a decrease in the expected price level
C) a decrease in the natural rate of unemployment
D) a decrease in the savings rate
Correct Answer:
Verified
Correct Answer:
Verified
Q46: What happens when the dollar appreciates?<br>A) Canadian
Q47: An increase in the money supply raises
Q48: Suppose a stock market crash makes people
Q49: What is NOT included in aggregate demand?<br>A)
Q50: Which statement best characterizes the long-run aggregate-supply
Q52: In addition to the price level, what
Q53: Which statement characterizes business cycles?<br>A) They are
Q54: If speculators bid up the value of
Q55: Which statement best describes the effects of
Q56: Review the sticky-wage theory of the short-run