MCQs: Which of the following is not a reason why the aggregate demand curve slopes downward ?
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MCQs: According to the interest rate effect aggregate demand slopes downward (negatively) because ?
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MCQs: Policy makers are said to “accommodate” an adverse supply shock if they ?
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MCQs: Refers to Exhibit 4. Suppose the economy is operating in a recession such as point B in Exhibit 4. If policy makers allow the economy to adjust to the long run natural rate on its own, ?
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MCQs: Which of the following events shifts the short run aggregate supply curve to the right ?
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MCQs: Suppose the economy is initially in long run equilibrium Then suppose there is a drought that destroys much of the wheat crop if policymakers allow the economy to adjust to long-run equilibrium on its own, according to the model to aggregate demand and aggregate supply what happens to prices and output in the long run ?
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MCQs: Suppose the economy is initially in long-run equilibrium Then suppose there is an increase in military spending due to rising international tensions According to the model of aggregate demand and aggregate supply what happens to prices and output in the long run ?
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MCQs: Suppose the price level falls but suppliers only notice that the price of their particular product has fallen Thinking there has been a fall in the relative price of their product they cut back on production, This is a demonstration of the ?
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MCQs: The natural rate of output is the amount of real GDP produced ?
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MCQs: Which of the following statements is true regarding the long-run aggregate supply curve? The long-run aggregate supply cruve ?
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MCQs: In the model of aggregate demand and aggregate supply, the initial impact of an increase in consumer optimism is to ?
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MCQs: Which of the following would not cause a shift in the long-run aggregate supply curve ?
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MCQs: Which of the following statements about economic fluctuations is true ?
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MCQs: A critic of “Shock therapy” to transition economies. Vladamir Popov, contends that shock therapists put a heavy emphasis on ?
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MCQs: Privatization refers to a range of policies including ?
I. changing part of a public enterpris’s ownership to the private sector
II. Liberalization of entry into activities previously restricted to the public sector
III. two infant industries merging into a monopoly
IV. franchising or contracting public services or leasing public assets to the Private sector
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MCQs: State-owned enterprises (SOEs) are also called ?
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MCQs: The industrial concentration ratio is the proportion of an industry’s output ?
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MCQs: In 1979-80 China first created _____ for foreigners to set up enterprises hire labor and import duty-free goods for processing and re-exporting ?
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MCQs: Structural economists from the United Nations Economic Commission for Latin America (ECLA) emphasized ?
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MCQs: Countries facing a persistent external deficit can ?
I. borrow overseas
II. increase trade restrictions and exchange controls
III. undertake expansionary monetary and fiscal policies
IV. Undertake expenditure-reducing policies
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