An increase in the general level of prices in the goods and services market that is accompanied by a short-run expansion in output is most likely caused by
a. an unanticipated decrease in aggregate demand.
b. an unanticipated increase in aggregate demand.
c. a favorable supply shock that shifts SRAS to the right.
d. an unfavorable supply shock that shifts SRAS to the left.
B
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Looking at the labor statistics of the United States from 1951 to 2002, we find that the unemployment rate for women is higher than that for men in most years
a. True b. False Indicate whether the statement is true or false
Refer to the graph shown. A sale of shekels by the Israeli government would shift the:
A. demand curve to the left and reduce the price of shekels. B. supply curve to the left and raise the price of shekels. C. demand curve to the right and raise the price of shekels. D. supply curve to the right and reduce the price of shekels.
The primary difference(s) between the standard deviation and the coefficient of variation as measures of risk are:
a. the coefficient of variation is easier to compute b. the standard deviation is a measure of relative risk whereas the coefficient of variation is a measure of absolute risk c. the coefficient of variation is a measure of relative risk whereas the standard deviation is a measure of absolute risk d. the standard deviation is rarely used in practice whereas the coefficient of variation is widely used e. c and d
Since the 1970s, the incidence of obesity has risen from 15% of the U.S. population to
a. 20%. b. 25%. c. 30%. d. 35%. e. 50%. 12.Part of the cause of obesity is that food is cheaper; when something is cheaper a. The demand curve slopes upward. b. The demand curve slopes downward. c. Consumers demand more d. Consumers demand less e. Both b and c are correct.