In the short run real gdp will decrease when the price
In the short run, real GDP will decrease when the price level falls due to:
A. flexible input prices
B. menu costs
C. menu items
D. money illusion
E. money magic
F. sticky input prices
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which of the following scenarios will cause a higher price level in the long runa oil supplies are restricted for six
suppose opec members met and decided to increase their oil production and thus lower prices for six months this change
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pre-work greenfield k ldquotaco bell and the golden age of drive throughrdquo business week 5 may 2011what are the
in the short run real gdp will decrease when the price level falls due toa flexible input pricesb menu costsc menu
the effect helps explain why an increase in the price level causes a decrease in real gross domestic producta moneyb
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1 suppose the government wishes to lower the exchange rate epsilon but not to change real output y what monetary or
a lower price level in the united states affects the purchases of imported goods select all of the following affects of
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