MCQs: The most important factors of production are ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: According to the model of aggregate supply and aggregate demand in the long run an increase in the money supply should cause ?
Category: Economics Mcqs, Published by: teswesm
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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 wished to move output to its long run natural rate they should attempt to ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: Stagflation occurs when the economy experiences ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: Suppose the economy is initially is long run equilibrium Then suppose there is a drought that destroys much of the wheat crop According to the model of aggregate demand and aggregate supply, what happens of prices and output in the short run ?
Category: Economics Mcqs, Published by: teswesm
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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 short run ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: Suppose the price level falls but because of fixed nominal wage contracts the real wage rises and firms cut back on production This is a demonstration of the ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: According to the wealth effect aggregate demand slopes downward (negatively) because ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: Which of the following is not a reason why the aggregate demand curve slopes downward ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: According to the interest rate effect aggregate demand slopes downward (negatively) because ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: Policy makers are said to “accommodate” an adverse supply shock if they ?
Category: Economics Mcqs, Published by: teswesm
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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, ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: Which of the following events shifts the short run aggregate supply curve to the right ?
Category: Economics Mcqs, Published by: teswesm
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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 ?
Category: Economics Mcqs, Published by: teswesm
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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 ?
Category: Economics Mcqs, Published by: teswesm
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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 ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: The natural rate of output is the amount of real GDP produced ?
Category: Economics Mcqs, Published by: teswesm
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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 ?
Category: Economics Mcqs, Published by: teswesm
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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 ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: Which of the following would not cause a shift in the long-run aggregate supply curve ?
Category: Economics Mcqs, Published by: teswesm
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