A. C + D + F
B. A
C. A + B + E
D. D + C + B
A. Prices to rise and output to rise
B. Price to fall and output to remain unchanged
C. Prices to fall and output to fall
D. prices to rise and output to remain unchanged
A. Shift aggregate demand to the left
B. Shift short run aggregate supply to the left
C. shift aggregate demand to the right
D. shift short-run aggregate supply to the right
A. rising prices and rising output
B. rising prices and falling output
C. falling prices and falling output
D. falling prices and rising output
Stagflation occurs when the economy experiences ? Read More »
Economics Mcqs, The Aggregate Demand Aggregate Supply Model A. Price rise; output falls
B. Price fall; output rises
C. Price rise; output rises
D. Price fall; output falls
A. Price fall; output rises
B. Price fall; output falls
C. Price rise; output fall
D. Price rise; output rise
A. sticky-wage theory of the short-run aggregate supply curve
B. classical dichotomy theory of the short-run aggregate supply curve
C. misperceptions theory of the short-run aggregate supply curve
D. sticky-price theory of the short run aggregate supply curve
A. lower prices increase the value of money holding and consumers spending increase
B. lower prices decrease the value of money holding and consumers spending decrease
C. lower prices reduce money holding increase lending, interest rates fall and investment spending increase
D. lower prices increase money holding decrease lending, interest rates rise and investment spending falls
According to the wealth effect aggregate demand slopes downward (negatively) because ? Read More »
Economics Mcqs, The Aggregate Demand Aggregate Supply Model A. The exchange-rate effect
B. The wealth effect
C. The classical dichotomy/monetary neutrality effect
D. The interest-rate effect
Which of the following is not a reason why the aggregate demand curve slopes downward ? Read More »
Economics Mcqs, The Aggregate Demand Aggregate Supply Model A. lower prices increase money holdings decrease lending interest rates rise, and investment spending falls
B. lower prices increase the value of money holding and consumer spending increases
C. lower prices decrease the value of money holdings and consumers spending decreases
D. lower prices reduce money holdings increase lending interest rates fall, and investment spending increase
