An unexpected decrease in aggregate demand
A. causes the price level to rise and the unemployment rate to rise.
B. causes the price level to fall and the unemployment rate to rise.
C. causes the price level to rise and the unemployment rate to fall.
D. causes the price level to fall and the unemployment rate to fall.
Answer: B
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Indicate whether the statement is true or false
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A) the relationship between price and quantity supplied. B) the effect of a change in resource costs on quantity supplied. C) the effect of a change in technology on quantity supplied. D) the relationship between expected future prices and quantity supplied.
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a. 14. b. 7. c. 3.5. d. 2.
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