Sec 35.3 MC Shifts in the Phillips Curve The Role of Supply Shocks

Sec 35.3 MC Shifts in the Phillips Curve The Role of Supply Shocks

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时间:2019-09-22

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1、1. Aneventthatdirectlyaffectsfirms’costsofproductionandthusthepricestheychargeiscalled a. aPhillipscontraction. b. aninflationaryspiral. c. ademandshock. d. asupplyshock.ANSWER:  dDIFFICULTY:  EasyREFERENCES:  ShiftsinthePhillipsCurve:TheRoleofSupplyShocksLEARN

2、ING OBJECTIVES:  ECON.MANK.186-Givenascenarioaboutaneconomicshock,derivetheshort-runandlong-runeffectsonoutputandpricesaccordingtotheaggregatedemandandaggregatesupplymodel.TOPICS:  AggregatesupplyMacroeconomicmodelsAD-ASModelKEYWORDS:  BLOOM'S:KnowledgeCUSTOM I

3、D:  001.35.3-MC-MANK082. Whichofthefollowingisanexampleofanadversesupplyshock? a. adecreaseinthemoneysupply b. ataxcut c. aworldwidedrought d. decreasedgovernmentspendingANSWER:  cDIFFICULTY:  EasyREFERENCES:  ShiftsinthePhillipsCurve:TheRoleofSupplyShocksLEARN

4、ING OBJECTIVES:  ECON.MANK.186-Givenascenarioaboutaneconomicshock,derivetheshort-runandlong-runeffectsonoutputandpricesaccordingtotheaggregatedemandandaggregatesupplymodel.TOPICS:  AggregatesupplyMacroeconomicmodelsAD-ASModelKEYWORDS:  BLOOM'S:KnowledgeCUSTOM I

5、D:  002.35.3-MC-MANK083. Anadversesupplyshockwillshiftshort-runaggregatesupply a. right,makingpricesrise. b. left,makingpricesrise. c. right,makingpricesfall. d. left,makingpricesfall.ANSWER:  bDIFFICULTY:  ModerateREFERENCES:  ShiftsinthePhillipsCurve:TheRoleo

6、fSupplyShocksLEARNING OBJECTIVES:  ECON.MANK.186-Givenascenarioaboutaneconomicshock,derivetheshort-runandlong-runeffectsonoutputandpricesaccordingtotheaggregatedemandandaggregatesupplymodel.TOPICS:  AggregatesupplyMacroeconomicmodelsAD-ASModelCopyrightCengageLe

7、arning.PoweredbyCognero.Page 23KEYWORDS:  BLOOM'S:AnalysisCUSTOM ID:  003.35.3-MC-MANK084. Anadversesupplyshockwillcauseoutput a. andpricestorise. b. andpricestofall. c. toriseandpricestofall. d. tofallandpricestorise.ANSWER:  dDIFFICULTY:  ModerateREFERENCES: 

8、 ShiftsinthePhillipsCurve:TheRoleofSupplyShocksLEARNING OBJECTIVES:  ECON.MANK.186-Givenascenarioaboutaneconomicshock,derivetheshort-runandlong-runeffectsonoutputandpricesac

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