Macroeconomics

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In the United States, the observed Phillips curve is A) unstable over time. B) stable over time. ... Started by biggirl4568	1 Replies 106 Views	Jun 30, 2018 by mariahkathleeen
According to Okun's law, an increase in which of the following is associated with an increase in ... Started by SAVANNAHHOOPER23	1 Replies 71 Views	Jun 30, 2018 by Athena23
If the value of a price index was 125 for 2005 and 75 for 1982, and GDP was 2500 in 2005 compared to ... Started by NguyenJ	1 Replies 125 Views	Jun 30, 2018 by Dinolord
Which of the following does not impact aggregate demand in the Keynesian model? a. Changes in the ... Started by a0266361136	1 Replies 183 Views	Jun 30, 2018 by lindahyatt42
In the new classical model, an anticipated increase in the money stock would cause a. the price ... Started by OSWALD	3 Replies 71 Views	Jun 30, 2018 by joechoochoy
How did international policy coordination contribute to the avoidance of an economic depression in ... Started by HCHenry	1 Replies 60 Views	Jun 30, 2018 by pikon
In the United States, the Phillips curve is not stable in that A) the intercept of the Phillips ... Started by @Brianna17	1 Replies 95 Views	Jun 30, 2018 by vseab
The main reason that hyperinflation renders a currency worthless is that ________. A) the ... Started by scienceeasy	1 Replies 49 Views	Jun 30, 2018 by phuda
New classical macroeconomists believe that a. markets clear each and every period. b. the labor ... Started by Zoey63294	1 Replies 50 Views	Jun 30, 2018 by chreslie
Describe how a central bank can increase aggregate demand by influencing expectations. What will ... Started by tichca	1 Replies 106 Views	Jun 30, 2018 by ghepp
When the wage increases, the substitution effect in the household's choices leads to A) a ... Started by humphriesbr@me.com	1 Replies 153 Views	Jun 30, 2018 by adammoses97
In the Friedman-Lucas money surprise model, a surprise increase in money supply growth A) has no ... Started by jho37	1 Replies 359 Views	Jun 30, 2018 by ttt030911
If the nominal GDP is 12,000 in 2005 and 15,000 in 2006, and if inflation is 10 between these years, ... Started by tiara099	3 Replies 284 Views	Jun 30, 2018 by srodz
When the wage increases, the income effect on the household's choices leads to A) a decrease in ... Started by ARLKQ	1 Replies 83 Views	Jun 30, 2018 by CharlieArnold
An unanticipated decline in investment demand within the new classical model will cause a. the ... Started by ts19998	1 Replies 64 Views	Jun 30, 2018 by Brenm
The short-run aggregate supply curve shows that inflation will change as a result of changes in ... Started by codyclark	1 Replies 82 Views	Jun 30, 2018 by mmpiza
Which of the following is not consistent with perfect competition? a. all firms face the same ... Started by abarnes	1 Replies 51 Views	Jun 30, 2018 by makaylafy
Asset-price bubbles ________. A) are a relatively recent phenomenon B) end with an increase in ... Started by mspears3	1 Replies 76 Views	Jun 30, 2018 by medine
The short-run aggregate supply curve shows that a change in inflation will cause (a) change(s) in ... Started by lunatika	1 Replies 62 Views	Jun 30, 2018 by srodz
The IS curve slopes upward because a. as income rises, savings rise and consumption falls, ... Started by clippers!	1 Replies 87 Views	Jun 30, 2018 by tjayeee
The author of The Wealth of Nations; The author of the General Theory a. David Ricardo; John ... Started by fbq8i	3 Replies 165 Views	Jun 30, 2018 by tdewitt
The substitution effect measures A) the responses of quantities to changes in the relative prices ... Started by captainjonesify	1 Replies 63 Views	Jun 30, 2018 by Li Jun
According to the short-run aggregate supply curve, if output minus potential output equals zero, ... Started by gonzo233	1 Replies 108 Views	Jun 30, 2018 by medine
When drawn against the current wage, the current labor supply shifts to the right if A) current ... Started by KimWrice	1 Replies 181 Views	Jun 30, 2018 by AaaA
To calculate personal savings, you would need information on all of the following except: a. ... Started by j.rubin	1 Replies 97 Views	Jun 30, 2018 by mfedorka