Multiple Choice
Oil price hikes
A) increase aggregate supply.
B) decrease aggregate supply.
C) increase aggregate demand.
D) decrease aggregate demand.
E) increase potential GDP.
Correct Answer:
Verified
Correct Answer:
Verified
Q16: Which of the following is true?<br>A)Aggregate supply
Q17: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1457/.jpg" alt=" -In the figure
Q18: Unemployment increases when<br>A)an inflationary gap is created.<br>B)potential
Q19: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1457/.jpg" alt=" -What is the
Q20: If the equilibrium price level is 135
Q22: A fall in the price level brings
Q23: How does a recession in Asia affect
Q24: An increase in potential GDP _ aggregate
Q25: What is the aggregate demand multiplier and
Q26: Which of the following best describes the