题目内容

Business cycles

A. are explained mostly by fluctuations in corporate profits.
B. no longer are very important due to government policy.
C. are fluctuations in real GDP and related variables over time.
D. All of the above are correct.

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People will spend less if the price level

A. rises, making the dollars they hold worth more.
B. rises, making the dollars they hold worth less.
C. falls, making the dollars they hold worth more.
D. falls, making the dollars they hold worth less.

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Which of the following shifts aggregate demand right?

A. The price level rises.
B. The price level falls.
C. The money supply rises.
D. Both a and b are correct.

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The long-run aggregate supply curve shifts right if

A. Congress raises the minimum wage substantially.
B. unemployment insurance benefits are made more generous.
C. immigration from abroad increases.
D. All of the above are correct.

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Suppose a shift in aggregate demand creates an economic contraction. If policymakers can respond with sufficient speed and precision, they can offset the initial shift by shifting aggregate

A. supply left.
B. supply right.
C. demand left.
D. demand right.

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Business cycles

A. are explained mostly by fluctuations in corporate profits. B. no longer are very important due to government policy. C. are fluctuations in real GDP and related variables over time. D. All of the above are correct.

People will spend less if the price level

Which of the following shifts aggregate demand right?

The long-run aggregate supply curve shifts right if

Suppose a shift in aggregate demand creates an economic contraction. If policymakers can respond with sufficient speed and precision, they can offset the initial shift by shifting aggregate

A. are explained mostly by fluctuations in corporate profits.
B. no longer are very important due to government policy.
C. are fluctuations in real GDP and related variables over time.
D. All of the above are correct.