36. An increase in the domestic price level will:_
举一反三
- In the short run, the impact of an increase in the money supply on the price level and real output will be: Price level Real output() ①A. Increase Increase ②B. Increase No change ③C. No change Increase A: ① B: ② C: ③
- Which of the following would increase the price level? A: an increase in taxes. B: an increase in the money supply. C: an increase in the expected price level. D: a decrease in the natural rate of unemployment.
- The economy's inflation rate is the( ). A: change in the gross domestic product from the previous period. B: percentage change in the price level from the previous period. C: price level in the current period. D: change in the price level from the previous period.
- An increase in government purchases will NOT increase the level of output if A: the AS-curve is totally price elastic B: the price level is fixed C: wages and prices are completely rigid D: wages and prices are completely flexible E: real money balances are not affected
- Which of the following will increase the marginal product of labor in the labor market? A: An increase in the price level and the money wage. B: An increase in the real wage. C: A decrease in the capital stock. D: An increase in the supply of labor.