A. increase reduce
B. increase, increase
C. reduce, increase
D. reduce, reduce
A. Keynesian policies
B. Supply-side policies
C. Monetarist Policies
D. Classical policies
A. those willing to work at the going wage labour demand
B. labour demand those willing to work at the going wage
C. labor demand, labor supply
D. those willing to work at the going wage labor supply
A. frictional unemployment
B. demand-deficient unemployment
C. classical unemployment
D. structural unemployment
A. Inflationary expectations
B. unemployment
C. the inflation rates
D. wage rates
The Short run Phillips curve can shift in response to changes in ? Read More »
Aggregate Supply, Economics Mcqs, Unemployment And Inflation A. the inflation rate, interest rates
B. the inflation rate, the unemployment rate
C. interest rates, output
D. output, employment
The Phillips curve shows the trade-off between _____ and _____? Read More »
Aggregate Supply, Economics Mcqs, Unemployment And Inflation A. rise
B. fall
C. not changes
D. fluctuates
A. prices, wages, output and employment
B. output prices, employment
C. nominal money, the price level, output and employment
D. nominal money output prices
A. exceeds
B. fall below
C. fluctuate around
D. remain equal to
A. the goods market
B. the money markets
C. the labor markets
D. all of these
At the intersection of AD and AS equilibrium is achieved in ? Read More »
Aggregate Supply, Economics Mcqs, Unemployment And Inflation