The economy experiences both a falling price level and falling unemployment when
A. aggregate supply increases with aggregate demand stable.
B. aggregate demand decrease with aggregate supply stable.
C. aggregate supply decreases with aggregate demand stable.
D. aggregate demand increases with aggregate supply stable.
Answer: A
You might also like to view...
All of the following would be included in aggregate expenditure except
A. social security payments. B. changes in inventories. C. sales of domestically produced goods to foreigners. D. purchases of services provided by government employees.
According to _________, liberal programs survive attempts by conservative administrations to eliminate them because of the "tyranny of the status quo."
a. Arthur Schlesinger, Jr. b. Wagner's Law c. Milton and Rose Friedman d. Robert Higgs
Which price would you expect to rise the most in a high-income growing economy?
a. semiconductors for personal computers b. tickets to a ballet performance c. passenger automobiles d. Blu-ray players
Tracy and Amy are playing a game in which Tracy has the first move at X in the decision tree shown below. Once Tracy has chosen either the top or bottom branch at X, Amy, who can see what Tracy has chosen, must choose the top or bottom branch at Y or Z. Both players know the payoffs at the end of each branch. 
In the equilibrium of this game:
A. Tracy and Amy both get 125. B. Tracy gets 25 and Amy gets 225. C. Tracy gets 300 and Amy gets 200. D. Tracy gets 75 and Amy gets 150.