Workers expect inflation to fall from 4% to 1% next year. As a result, this should
A) shift the short-run aggregate supply curve to the right.
B) move the economy down along a stationary short-run aggregate supply curve.
C) move the economy up along a stationary short-run aggregate supply curve.
D) shift the short-run aggregate supply curve to the left.
A
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Suppose the annual rate of interest is r%. Which of the following statements is then true of the future value of $1,000 for a time of T years?
A) Irrespective of whether the sum of $1,000 is borrowed or lent, the future value in both cases will equal (1 - r)T × (1,000). B) Irrespective of whether the sum of $1,000 is borrowed or lent, the future value in both cases will equal (1 + r)T × (1,000). C) If $1,000 is borrowed, the future value will equal (1 + r)T × (1,000), but if it is lent out, the future value will equal (1 - r)T × $1,000. D) If $1,000 is borrowed, the future value will equal (1 - r)T × (1,000), but if it is lent out, the future value will equal (1+ r)T × $1,000.
What do you think about dollarization?
What will be an ideal response?
Use the graph to help determine which one of the following statements regarding unemployment and business cycles is true.?
A. The unemployment rate usually continues to rise even after the recession has ended.
B. The unemployment rate fell right after the end of the recession in November 2001.
C. The unemployment rate was not affected by the recession in November 2001.
D. The unemployment rate fell right the beginning of the recession in November 2001.
The total level of all planned expenditures in the economy best describes
A. the total amount of household wealth. B. long-run aggregate supply. C. aggregate demand. D. short-run aggregate supply