Solved

In the AD-AS Model with a Long-Run Potential Growth Rate

Question 180

Multiple Choice

In the AD-AS model with a long-run potential growth rate of 2%,a 6 percentage point increase in the money supply growth rate will cause the economy's growth rate to be _____ in the long run.


A) 2%
B) 4%
C) 6%
D) 8%

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q175: The long-run aggregate supply curve shows that

Q176: By 1932,the real growth rate of the

Q177: An increase in spending growth causes a

Q178: The long-run aggregate supply curve is:<br>A) upward

Q179: A temporary decrease in aggregate demand:<br>A) raises

Q181: Productivity shocks were the primary cause of

Q182: Use the following to answer questions <br>Figure:

Q183: The Smoot-Hawley Tariff of 1930 raised tariff

Q184: In the graph of the AD-AS model,what

Q185: The Great Depression would have been a