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Wars,new Inventions,harvest Failures,and Changes in Government Policy Are Examples of A)the

Question 64
Multiple Choice

Wars,new inventions,harvest failures,and changes in government policy are examples of A)the business cycle. B)economic models. C)shocks. D)opportunity costs.

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Q 65
The three main components of the aggregate demand-aggregate supply model include A)AD,SRAS,LM B)SRAS,LRAS,IS C)AD,IS,LM D)AD,SRAS,LRAS
Q 66
The AD,SRAS,and LRAS curves each show a relationship between which two economic variables? A)The aggregate price level and output B)The aggregate price level and the interest rate C)Output and unemployment D)Output and the interest rate
Q 67
When plotted with the aggregate price level on the vertical axis and output on the horizontal axis,which of the following curves slopes downward? A)SRAS B)AD C)LRAS D)None of the above
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