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
举一反三
- A fall in the price level shifts the aggregate expenditure curve upward and increases the quantity of real GDP demanded.
- The supply curve for bonds has the usual upward slope, indicating that as the price _________, ceteris paribus, the _________ increases. A: falls; supply B: falls; quantity supplied C: rises; supply D: rises; quantity supplied
- 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
- Both models of aggregate supply presented in Chapter 13 share the<br/>feature that, if the price level is above the expected price level,<br/>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.
- If the percentage change in the price of a good exceeds the percentage change in the quantity supplied, then the supply is