Aggregate Supply, Unemployment & Inflation Mcqs

Q.  At the intersection of AD and AS equilibrium is achieved in ?

a. the goods market
b. the money markets
c. the labor markets
d. all of these


ANSWER: See Answer
 
No explanation is available for this question!
MCQs:  In the events of an increase in the international price of oil that encouraged the central bank to accept lower real interest rates, inflation would most likely ?
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MCQs:  The Keynesian model is a good guide to ____ behavior and the classical model describes behavior in ______?
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MCQs:  The equilibrium inflation rate is determined by the intersection of _____ and _____?
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MCQs:  The classical model of macroeconomics assumes ?
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MCQs:  Even though explicit contracts may lead to layoffs during recessions explicit contracts may still be efficient because such contracts ?
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MCQs:  An unspoken agreement between workers and firms that the firm will not cut wages is known as ?
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MCQs:  The expectations augmented Phillips curve was the Work of which group of economists ?
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MCQs:  The view of the Phillips curve that prevailed in the 1960s implied that policies that ?
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MCQs:  The Phillips curve is a graph showing the relationship between ?
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MCQs:  Which school of economic thought suggested that one possible cause of inflation was a ‘push’ from the cost side ?
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MCQs:  The measured unemployment rate can be pushed below the natural rate, but ?
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MCQs:  The natural rate of unemployment is generally thought to be the sum of ?
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MCQs:  Those who hold the classical view of the labor market are likely to believe that ?
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MCQs:  one of the tenets of the classical view of the labor market is that the wage adjustments that are necessary to clear the labor market occur ?
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MCQs:  For a competitive firm, its short run supply curve is ______ and its long run supply curve is _____?
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MCQs:  In the short run a firm will produce zero output if ?
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MCQs:  Short run average total costs are equals to the sum of ____ and _____?
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MCQs:  When average cost is falling marginal cost is ________ and when average cost is rising marginal cost is?
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MCQs:  If a long run average cost curve is falling form left to right this is an example of ?
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