Multiple Choice
A rise in the price level in an economy
A) shifts its long-run aggregate supply curve to the right.
B) shifts its long-run aggregate supply curve to the left.
C) does not have any effect on its long-run aggregate supply.
D) does not have any effect on its aggregate demand.
Correct Answer:

Verified
Correct Answer:
Verified
Q44: Aggregate supply tells us<br>A)the amount of goods
Q45: Describe the arguement put forward by the
Q46: Investment spending on physical capital is about
Q47: In the aggregate demand-aggregate supply model, everything
Q48: The nominal interest rate in an economy
Q50: With the price level on the vertical
Q51: With the price level measured on the
Q52: Which of the following is an investment
Q53: A rise in income will cause consumer
Q54: The amount of output produced when the