-In the figure above,the economy is at an equilibrium with real GDP of $16 trillion and a price level of 110.As the economy moves toward its ultimate equilibrium,the ________ curve shifts ________.
A) aggregate supply;leftward
B) aggregate supply;rightward
C) aggregate demand;rightward
D) aggregate demand;leftward
E) potential GDP;leftward
Correct Answer:
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Q191: Increases in the quantity of money can
Q192: An economy experiences a recessionary gap.As the
Q193: A demand-pull inflation initially is characterized by
A)increasing
Q194: In a persisting demand-pull inflation,
A)aggregate supply decreases
Q195: Demand pull inflation can be started by
A)a
Q197: If demand pull inflation occurs when the
Q198: A demand-pull inflation consists of _ shifts
Q199: Initially,demand-pull inflation will
A)increase the price level and
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