Multiple Choice
A rise in the aggregate price level will,other things equal,lead to a(n) :
A) rightward shift in the AD curve.
B) leftward shift in the AD curve.
C) decrease in the quantity of aggregate output demanded.
D) increase in the quantity of aggregate output demanded.
Correct Answer:
Verified
Correct Answer:
Verified
Q2: An inflationary gap will be eliminated because
Q6: Use the following to answer questions:<br>Figure: Policy
Q26: The short-run aggregate supply curve will shift
Q65: Use the following to answer questions: <img
Q66: The long-run aggregate supply curve is vertical
Q74: In Canada,during the 1970s,oil prices increased dramatically
Q128: The aggregate demand curve is downward sloping
Q180: Use the following to answer questions:<br>Figure: Inflationary
Q188: An advantage of stabilizing macroeconomic policy over
Q205: If the economy is in a recessionary