Government intervention into economic activity will NOT lead to a change in the price level
A: in the very short-run model
B: in the medium-run model
C: in the very long-run model
D: in the classical model
E: assuming a macro-model that focuses on the growth of productive capacity
A: in the very short-run model
B: in the medium-run model
C: in the very long-run model
D: in the classical model
E: assuming a macro-model that focuses on the growth of productive capacity
举一反三
- Which of the following is a FALSE statement? A: the very long run focuses on the growth of productive capacity B: in the very long run, the productive capacity is assumed to be given C: in the very short run, shifts in aggregate demand determine how much output is produced D: fluctuations in the rates of inflation and unemployment are important long-run issues E: at the full-employment level of output, capital is not used 100 percent
- Only when it is correct in every detail ______. A: his model can really run B: can his model really run C: his model really can run D: can really his model run
- The zero growth model is a special case of what valuation model? A: Variable growth model B: Constant growth model C: Delta growth model D: Perpetuity valuation model E: None of the above
- Two interpretations of the IS-LM model are that the model explains：（ ） A: the short-run quantity theory of income, or the short-run Fisher effect. B: changes in government spending and taxes, or the determination of the supply of real money balances. C: the determination of investment and saving, or what shifts the liquidity preference schedule. D: the determination of income in the short run when prices are fixed, or what shifts the aggregate demand curve.
- If an increase in aggregate demand causes prices to increase slightly but output to increase significantly, then A: the AS-curve must be very flat B: the AD-curve must be very steep C: the AD- and AS-curves must both be very steep D: we must be looking at the very long-run AD-AS model E: we must be looking at the very short-run AD-AS model