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    Macroeconomics Policy and Practice Study Set 1
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    Exam 11: Aggregate Supply and the Phillips Curve
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    Aggregate Supply Curves (1)
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Aggregate Supply Curves (1)

Question 71

Question 71

Multiple Choice

Aggregate Supply Curves (1)
Aggregate Supply Curves (1)     -Based on the graph above, the short-run aggregate supply curve is ________. A)  π = 2 + 1.5 (Y - 10)  + ρ B)  Y = 8   +   (π)  + ρ C)  π = 2 + (Y - 11)  + ρ D)  π = 3.5 + 2 (Y - 10)  + ρ E)  none of the above
-Based on the graph above, the short-run aggregate supply curve is ________.


A) π = 2 + 1.5 (Y - 10) + ρ
B) Y = 8 Aggregate Supply Curves (1)     -Based on the graph above, the short-run aggregate supply curve is ________. A)  π = 2 + 1.5 (Y - 10)  + ρ B)  Y = 8   +   (π)  + ρ C)  π = 2 + (Y - 11)  + ρ D)  π = 3.5 + 2 (Y - 10)  + ρ E)  none of the above +
Aggregate Supply Curves (1)     -Based on the graph above, the short-run aggregate supply curve is ________. A)  π = 2 + 1.5 (Y - 10)  + ρ B)  Y = 8   +   (π)  + ρ C)  π = 2 + (Y - 11)  + ρ D)  π = 3.5 + 2 (Y - 10)  + ρ E)  none of the above (π) + ρ
C) π = 2 + (Y - 11) + ρ
D) π = 3.5 + 2 (Y - 10) + ρ
E) none of the above

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