A: the aggregate-demand curve.
B: the short-run aggregate-supply curve, but not the long-run aggregate-supply curve.
C: the long-run aggregate-supply curve, but not the short-run aggregate-supply curve.
D: both the short-run and the long-run aggregatesupply curves.
举一反三
- The short run industry supply curve can be found by horizontally summing the short run supply curves of all the individual firms in the industry.
- Rising oil prices in the U.S. during the 1970s caused the economy’s ( ) A: aggregate supply curve to shift to the right. B: aggregate supply curve to shift to the left. C: aggregate demand curve to become vertical. D: aggregate demand curve to become horizontal.
- 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.
- 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
- 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
内容
- 0
In the long run total supply in this market will _____ (if demand does not rebound)
- 1
"Diseconomies of scale" occur in ( ) A: the long run, but not the short run. B: the short run, but not the long run. C: both the short run and the long run. D: neither the short run nor the long run.
- 2
When taxes increase, consumption A: increases, so aggregate demand shifts right B: increases, so aggregate supply shifts right C: decreases, so aggregate demand shifts left D: decreases, so aggregate supply shifts left
- 3
Which of the following is most commonly used to monitor short-run changes in economic activity? A: the inflation rate B: real GDP C: aggregate demand D: aggregate supply
- 4
Long-run aggregate supply is least likely to be affected by changes in the:() A: the stock of physic capital. B: the supply of natural resources. C: the wage rate of labor.