• 2021-04-14
    Sectoral shifts in demand for output
  • increase unemployment due to job search.

    内容

    • 0

      Which of the following is NOT a result of a permanent fall in foreign demand on one country's exports under floating exchange rate? ( ) A: A reduction in output by a smaller degree compared to temporary fall in demand B: A raised level of unemployment C: The AA curve shifts upwards due to the increased expected long-run exchange rate. D: Depreciation in home country's currency

    • 1

      The DD schedule shows_______. ( ) A: interest rate and output pairs for which aggregate demand equals aggregate output. B: exchange rate and output pairs for which aggregate demand equals aggregate output.2 C: interest rate and output pairs for which aggregate supply equals aggregate output. D: exchange rate and output pairs for which aggregate demand is greater than aggregate output.

    • 2

      When a municipal bond is given tax-free status, the demand for Treasury bonds shifts _________, and the interest rate on Treasury bonds _________

    • 3

      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

    • 4

      An increase in labor productivity shifts the A: labor demand curve rightward. B: labor demand curve leftward. C: labor supply curve rightward. D: labor supply curve leftward