《Sec 33.4 MC The Aggregate-Supply Curve》由会员上传分享,免费在线阅读,更多相关内容在学术论文-天天文库。
1、1. Whichofthefollowingisnotadeterminantofthelong-runlevelofrealGDP? a. thepricelevel. b. theamountofcapitalusedbyfirms. c. availablestockofhumancapital. d. availabletechnologyANSWER: aDIFFICULTY: EasyREFERENCES: TheAggregate-SupplyCurveLEARNING OBJECTIVES: ECON.MANK.166-Givenagraphofhistor
2、icalGDP,interprettheshort-termandlong-termtrends.TOPICS: MacroeconomicmodelsAD-ASModelKEYWORDS: BLOOM'S:KnowledgeCUSTOM ID: 001.33.4-MC-MANK082. Thelong-runaggregatesupplycurve a. isvertical. b. isagraphicalrepresentationoftheclassicaldichotomy. c. indicatesmonetaryneutralityinthelongrun. d
4、M ID: 002.33.4-MC-MANK083. Theclassicaldichotomyandmonetaryneutralityarerepresentedgraphicallyby a. anupward-slopinglong-runaggregate-supplycurve. b. averticallong-runaggregate-supplycurve. c. anupward-slopingshort-runaggregate-curve. d. adownward-slopingaggregate-demandcurve.ANSWER: bDIFFIC
6、CengageLearning.PoweredbyCognero.Page 344. Whichofthefollowingiscorrect? a. Theshort-run,butnotthelong-run,aggregatesupplycurveisconsistentwiththeideathatnominalvariablesdonotaffectrealvariables. b. Thelong-run,butnottheshort-run,aggregatesupplycurveisconsistentwiththeideathatnominalvariablesd
7、onotaffectrealvariables. c. Thelong-runandshort-runsupplycurvesarebothconsistentwiththeideathatnominalvariablesaffectrealvariables. d. Neitherthelong-runnortheshort-runaggregatesupplycurveisconsistentwiththeideathatnominalvariablesaffec