As actual output falls below the potential level in the short run, which of the following is most likely to occur?
a. More resources will become unemployed.
b. The price level will increase.
c. Real GDP will increase.
d. Nominal GDP will remain constant.
e. The natural rate of unemployment will fall.
Question 2
An increase in the money supply leads to a(n):
a. decline in interest rates, an increase in investment, and an increase in aggregate demand.
b. decline in interest rates, a decrease in investment, and an increase in aggregate demand.
c. decline in interest rates, an increase in investment, and a decline in aggregate demand.
d. increase in interest rates, an increase in investment, and an increase in aggregate demand.
e. decline in interest rates, a decline in investment, and a decline in aggregate demand.
The rate of evolution in short and longÂÂÂlived plants
Does this child have legs of different lengths or scoliosis? Look at the level of the iliac crests a
Neuronal action potential.
Kyoto Protocol encourages industry to innovate and reduce the level of emissions
Fogel’s Map of a Potential Water Transport Network for 1890
Experiments showing that long- or short-day plants flower in response to night length. Each horizont