Stagflation is most likely to occur during __________.
Stagflation is most likely to occur during aggregate demand-driven recessions. Hence,option(D) is correct.
Stagflation is most likely to occur during __________. A. Aggregate Supply-driven expansions B. Aggregate Supply-driven recessions...
A)Why do net exports tend to rise during recessions? B)What is stagflation exactly? C) What’s the difference between a demand curve and an aggregate demand curve, and b) the difference between a supply curve and an aggregate supply curve? D) What do most economists agree the AS curve actually looks like?
Which of the following would cause stagflation? Select one: a. aggregate supply shifts right b. aggregate demand shifts left c. aggregate supply shifts left d. aggregate demand shifts right
Budget changes that occur automatically during expansions and recessions: A. make economic fluctuations more pronounced than they would otherwise be. B. have no effect on economic fluctuations. C. make economic fluctuations less pronounced than they would otherwise be. D. All of these E. None of these
If productivity increases by 12% but wages increase by 7%, then it is most likely that: A. aggregate supply will shift left B. aggregate supply will shift right C. aggregate supply will not shift D. aggregate demand will shift left
me U.S. real net exports are typically A. negative, and usually fall in recessions and rise in expansions. ts B. positive, and usually rise in recessions and fall in expansions. O C. positive, and usually fall in recessions and rise in expansions. OD. negative, and usually rise in recessions and fall in expansions. Tevt Why did US net exports increase during the 2007-2009 recession? A. China, the major trading partner of the US, suffered a more severe recession than the...
35. Which of the following will most likely cause a decrease in short-run aggregate supply (leftward shift) in the goods and services market? a. An increase in the productivity of labor b. A reduction in the price of crude oil, a major imported commodity c. An increase in resource prices d. Favorable weather conditions in agricultural areas. 36. The vertical long-run aggregate supply curve reflects the fact that in the long run, an increase in the price level. a. Will not alter the economy's maximum...
If the Fed's policies aim to increase aggregate demand, the Fed must fear A. a supply shock that increases aggregate supply. B. a supply shock that decreases potential GDP. C. stagflation. D. recession. E. inflation.
the short-run aggregate supply curve is most likely to shift down The short-run aggregate supply curve is most likely to shift down to the right) when actual output is: Multiple Choice not equal to potential output, regardless of whether it is above or below. greater than potential output equal to potential output. less than potential output
5. In the Keynesian model which of the following would be most likely to have the largest impact on aggregate demand a. an increase in the money supply b. a change in government expenditure c. a change in investment expectations d. both a and c e. both b and c 6. In the Keynesian theory of liquidity demand and the interest rate which of the following occurs during excess supply of money. a. individuals sell bonds, driving interest rates down...
Budget deficits tend to: a. decrease over time. b. increase during expansions. c. increase over time. d. increase during recessions. e. grow as the economy grows and shrink as the economy shrinks.