Multiple Choice
During the recession of 2008-09, _____.
A) the long-run aggregate supply curve shifted to the right
B) the long-run aggregate supply curve shifted to the left
C) the short-run aggregate supply curve shifted to the right
D) the aggregate demand curve shifted to the right
E) the aggregate demand curve shifted to the left
Correct Answer:
Verified
Correct Answer:
Verified
Q33: A cut in taxes, other things being
Q34: The loans that ended up in the
Q35: One main argument against indexing is that:<br>A)it
Q36: A decrease in government purchases, other things
Q37: An impact lag refers to the time
Q39: If the public has rational expectations and
Q40: Because of lag problems, policies intended to
Q41: How do you think each of the
Q42: When the economy operates at levels significantly
Q43: Why is a stagflation caused by a