Multiple Choice
Why are the interest-rate,foreign-trade and real balances effects important?
A) They help explain the shape of the aggregate supply curve.
B) They help explain why demand-management policies are ineffective in fighting stagflation.
C) They help explain shifts in the aggregate supply curve.
D) They help explain the shape of the aggregate demand curve.
E) They help explain shifts in the aggregate demand curve.
Correct Answer:

Verified
Correct Answer:
Verified
Q92: What factors can cause an increase in
Q93: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1338/.jpg" alt=" -Refer to the
Q94: What does it mean to say that
Q95: Since the AS curve is upward sloping,as
Q96: What are the four components of aggregate
Q98: Assume that the present price level is
Q99: The aggregate supply curve is upward-sloping.
Q100: What would result if the AS curve
Q101: All of the following,except one,refer to the
Q102: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1338/.jpg" alt=" -Refer to the