logo
menu
Sign up
  1. Topics
  2. Business
  3. Economics Study Set 4
  4. Quiz 24: Aggregate Demand and Aggregate Supply Analysis

A Decrease in Investment Causes the Price Level to ________

Question 80
Multiple Choice

A decrease in investment causes the price level to ________ in the short run and ________ in the long run. A) increase; increase further B) increase; decrease C) decrease; decrease further D) decrease; increase

Related questions
Q 81
An increase in aggregate demand causes an increase in ________ only in the short run,but causes an increase in ________ in both the short run and the long run. A) the price level; real GDP B) real GDP; real GDP C) the price level; the price level D) real GDP; the price level
Q 82
Most recessions in the United States since World War II have begun with A) a decline in residential construction. B) a rapid increase in the price level. C) a substantial number of bank failures. D) a stock market crash.
Q 83
When the aggregate demand curve and the short-run aggregate supply curve intersect, A) the long-run aggregate supply curve must also intersect at the same point. B) inflation must be increasing. C) structural and frictional unemployment equal zero. D) the economy is in short-run macroeconomic equilibrium.
logo
QuizPlus
  • About
  • How it work
  • Pricing
Links
  • Privacy Policy
  • Terms And Conditions
  • Refund Policy
Contact Us
  • info@quizplus.com
© 2020-2021 Cozyplus FZ LLC. All rights reserved