Multiple Choice
A rise in the price level produces ________ the potential GDP line.
A) a rightward shift of
B) a movement downward along
C) a leftward shift of
D) a movement upward along
E) neither a shift of the potential GDP line nor a movement along
Correct Answer:
Verified
Correct Answer:
Verified
Q239: A demand-pull inflation initially is characterized by<br>A)increasing
Q240: When cost-push inflation starts,real GDP _ and
Q241: List three changes that lead to a
Q242: If potential GDP increases,then the<br>A)aggregate supply curve
Q243: The slope of the aggregate supply curve
Q245: If there is a rise in the
Q246: All of the following shift the aggregate
Q247: Which of the following statements is correct?<br>A)An
Q248: When the domestic price level increases,exports decrease
Q249: Which of the following changes aggregate supply