Is a increase in the price level and it can be produced if
Is a ________ increase in the price level and it can be produced if the AD curve shifts up ________.
continuous, continuously
continuous, either once or continuously
one-shot, once but only once
one-shot, either once or continuously
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an accommodating policy response to a supply shocka reduces the expected inflation rateb maintains a fixed growth rate
which of the following is an example of a good with a high switching costa soda that has a distinct tasteb window
all points on the sp curve but not on the lp line share the characteristic that the economy is not in the long-run
if price controls are initiated we would expect thatunemployment will rise in the short-runthe short-run rate of
is a increase in the price level and it can be produced if the ad curve shifts up continuous continuouslycontinuous
confronted with an adverse supply shock an economy with rigid wages and prices would sufferan increase in output and
suppose that a countrys workers are universally protected by colas and an adverse sas shock occurs after wage and price
the success or failure of economic policy with regard to the twin goals may be measured by thestagflation
the lower the interest ratea the greater the present value of a future amountb the smaller the present value of a
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