Question
1. A change in the expected price level shifts: Hide answer choices A. the short-run aggregate-supply curve, but not the long-run aggregate-supply curve B. the
1. A change in the expected price level shifts:
Hide answer choices
A. the short-run aggregate-supply curve, but not the long-run aggregate-supply curve
B. the aggregate-demand curve
C. both the short-run and the long-run aggregate-supply curves
D. the long-run aggregate-supply curve, but not the short-run aggregate-supply curve
2, The aggregate demand curve in Canada would shift right due to:
Hide answer choices
A. a recession in the United States
B. a fall in expected future profits by firms
C. a boom in the stock market
D. a decrease in the money supply
3. Suppose the economy is in a recession. If policymakers wished to move output to its long-run natural level, they should attempt to shift:
Hide answer choices
A. short-run aggregate supply to the left
B. aggregate demand to the left
C. short-run aggregate supply to the right
D. aggregate demand to the right
4. The short-run aggregate supply curve shifts right due to:
Hide answer choices
A. an increase in government spending on military equipmen
B. a decrease in the money supply
C. an increase in price expectations
D. a drop in oil prices
5. According to the model of aggregate supply and aggregate demand, in the long run, an increase in money supply should cause:
Hide answer choices
A. prices and output both to rise.
B. prices to fall and output to remain unchanged.
C. prices and output both to fall.
D. prices to rise and output to remain unchanged.
Please in shortest amount of time.
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