feature that, if the price level is above the expected price level,
then ____
A: nominal wages will fall.
B: nominal wages will rise.
C: output will be below its natural level.
D: output will be above its natural level.
举一反三
- 中国大学MOOC: All explanations for the upward slope of the short-run aggregate supply curve suppose that the quantity of output supplied increases when the actual price level exceeds the expected price level
- The slope of the AS-curve becomes steeper A: as nominal wages become more flexible B: as nominal wages become more rigid C: as the actual level of output moves further away from potential output D: as the economy approaches full employment E: both A) and D)
- 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 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.
- According to quantity equation the price level would change less the proportionately with a rise in the money supply if there were also A: either a rise in output or a rise in velocity. B: either a rise in output or a fall in velocity. C: either a fall in output or a rise in velocity. D: either a fall in output or a fall in velocity.
内容
- 0
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
- 1
Conflict is<br/>unavoidable. It occurs on the interpersonal level, societal level,<br/>but not intrapersonal level. A: True. B: False.
- 2
A large decrease in the income tax rate will most likely cause A: a fairly large increase in aggregate demand B: a fairly small increase in aggregate supply C: an increase in the price level D: all of the above E: none of the above
- 3
The<br/>key difference between a competitive firm and a monopoly firm is the<br/>ability to select ( ) A: the level of competition in<br/>the market. B: the level of production. C: inputs in the production<br/>process. D: the price of its output.
- 4
The appropriate level of safety inventory is determined by the uncertainty of both demand and supply and the desired cycle service level.