Author Question: The short-run aggregate supply curve would shift and the long-run aggregate supply curve would ... (Read 193 times)

cherise1989 · **on:** Jun 30, 2018

The short-run aggregate supply curve would shift and the long-run aggregate supply curve would remain fixed if

A) there was a temporary shock that influenced the supply side.
B) there was a permanent increase in aggregate demand along with a permanent decrease in aggregate supply.
C) there was a permanent increase in aggregate demand.
D) there was a temporary shock to aggregate demand.

Question 2

If the interest rate increases, the

A) money demand curve will shift to the left.
B) quantity of money demanded will remain unchanged.
C) quantity of money demanded will fall.
D) money demand curve will shift to the right.