Question :
81.Anincreaseintheexpectedpricelevelshiftsthe
a.short-runandlong-runaggregatesupplycurvesleft.
b.theshort-runbutnotthelong-runaggregatesupplycurveleft.
c.thelong-runbutnotth : 1262158
81.Anincreaseintheexpectedpricelevelshiftsthe
a.short-runandlong-runaggregatesupplycurvesleft.
b.theshort-runbutnotthelong-runaggregatesupplycurveleft.
c.thelong-runbutnottheshort-runaggregatesupplycurveleft.
d.neitherthelong-runnortheshort-runaggregatesupplycurveleft.
82.Adecreaseintheexpectedpricelevelshifts
a.onlythelong-runaggregatesupplycurveright.
b.onlytheshort-runaggregatesupplycurveright.
c.boththeshort-runandthelong-runaggregatesupplycurveright.
d.Neithertheshort-runnorthelong-runaggregatesupplycurveright.
83.Whichofthefollowingshiftstheshort-runaggregatesupplycurveright?
a.bothanincreaseinthepricelevelthatisgreaterthanexpectedandanincreaseintheexpectedpricelevel.
b.anincreaseinthepricelevelthatisgreaterthanexpected,butnotanincreaseintheexpectedpricelevel.
c.anincreaseintheexpectedpricelevel,butnotanincreaseinthepricelevelthatisgreaterthanexpected.
d.neitheranincreaseinthepricelevelthatisgreaterthanexpectednoranincreaseintheexpectedpricelevel.
84.Anincreaseintheexpectedpricelevelshiftsshort-runaggregatesupplytothe
a.right,andanincreaseintheactualpricelevelshiftsshort-runaggregatesupplytotheright.
b.right,andanincreaseintheactualpriceleveldoesnotshiftshort-runaggregatesupply.
c.left,andanincreaseintheactualpricelevelshiftsshort-runaggregatesupplytotheleft.
d.left,andanincreaseintheactualpriceleveldoesnotshiftshort-runaggregatesupply.
85.Adecreaseintheexpectedpricelevelshiftsshort-runaggregatesupplytothe
a.right,andanincreaseintheactualpricelevelshiftsshort-runaggregatesupplytotheright.
b.right,andanincreaseintheactualpriceleveldoesnotshiftshort-runaggregatesupply.
c.left,andanincreaseintheactualpricelevelshiftsshort-runaggregatesupplytotheleft.
d.left,andanincreaseintheactualpriceleveldoesnotshiftshort-runaggregatesupply.
86.Whichofthefollowingshiftsboththeshort-runandlong-runaggregatesupplyright?
a.anincreaseintheactualpricelevel
b.anincreaseintheexpectedpricelevel
c.anincreaseinthecapitalstock
d.Noneoftheaboveiscorrect.
87.Whichofthefollowingshiftsbothshort-runandlong-runaggregatesupplyleft?
a.adecreaseintheactualpricelevel
b.adecreaseintheexpectedpricelevel
c.adecreaseinthecapitalstock
d.adecreaseinthemoneysupply
88.Whichofthefollowingshiftsshort-run,butnotlong-runaggregatesupplyright?
a.adecreaseintheactualpricelevel
b.adecreaseintheexpectedpricelevel
c.adecreaseinthecapitalstock
d.anincreaseinthemoneysupply
89.Whichofthefollowingshiftsshort-runaggregatesupplyright?
a.anincreaseintheminimumwage
b.anincreaseinimmigrationfromabroad
c.anincreaseinthepriceofoil
d.anincreaseintheactualpricelevel
90.Whichofthefollowingshiftsshort-runaggregatesupplyleft?
a.anincreaseintheactualpricelevel
b.anincreaseintheexpectedpricelevel
c.anincreaseinthecapitalstock
d.Noneoftheaboveiscorrect.
91.Whichofthefollowingshiftstheshort-runaggregatesupplycurvetotheright?
a.anincreaseinthemoneysupply
b.anincreaseinthepricelevel
c.adecreaseintheexpectedpricelevel
d.Alloftheabovearecorrect.
92.Whichofthefollowingshiftsshort-runaggregatesupplyright?
a.anincreaseinthepricelevel
b.anincreaseintheminimumwage
c.adecreaseinthepriceofoil
d.morepeoplemigrateabroadthanimmigratefromabroad
93.Whichofthefollowingshiftstheshort-runaggregatesupplycurvetotheright?
a.adecreaseintheactualpricelevel
b.anincreaseintheactualpricelevel
c.adecreaseintheexpectedpricelevel
d.anincreaseintheexpectedpricelevel
94.Theaggregatedemandandaggregatesupplymodelimpliesmonetaryneutrality
a.onlyintheshortrun.
b.onlyinthelongrun.
c.inboththeshortrunandthelongrun.
d.inneithertheshortrunnorlongrun.
95.Imaginetwoeconomiesthatareidenticalexceptthatforalongtime,economyAhashadamoneysupplyof$1,000billion whileeconomy B has had a money supply of $500 billion. It follows that
a.realGDPandthepricelevelarelowerincountryB.
b.realGDP,butnotthepricelevel,islowerincountryB.
c.thepricelevel,butnotrealGDPislowerincountryB.
d.neitherthepricelevelorrealGDPislowerincountryB.