• 2022-06-07
    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)
  • E

    举一反三

    内容

    • 0

      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

    • 1

      When bonds become more widely traded, and as a consequence the market becomes more liquid, the demand curve for bonds shifts to the _________ and the interest rate _________.

    • 2

      Fiscal policy will affect prices and interest rates but not the level of output if A: the AD-curve is vertical B: the AS-curve is vertical C: the AD-curve is horizontal D: the AS-curve is horizontal E: both A) or D)

    • 3

      Which of the following is NOT used in deriving the AS-curve in Chapter 6? A: the link between output and employment B: the price-cost relation C: the Phillips curve D: the quantity theory of money E: all of the above are used

    • 4

      It is very important for all of us to _________ music on its sheerly musical plane. A: become more alive with B: become more alive for C: become more alive to D: become more alive by