If the price level falls, what will happen to the aggregate supply curve?
a. It will shift outward.
b. It will shift inward.
c. Nothing.
d. It will get steeper.
e. It will get flatter.
c
You might also like to view...
Which one of the following statements is the most correct?
A) If central banks are not sterilizing and the home country has a balance of payments surplus, any associated increase in the home central bank's foreign asset implies an increased home money supply. B) If central banks are not sterilizing and the home country has a balance of payments surplus, any associated increase in the home central bank's foreign asset implies a decreased home money supply. C) If central banks are not sterilizing and the home country has a balance of payments surplus, any associated increase in the home central bank's foreign asset implies an increased home money demand. D) If central banks are not sterilizing and the home country has a balance of payments surplus, any associated decrease in the home central bank's foreign asset implies an increased home money supply. E) If central banks are not sterilizing and the home country has a balance of payments shortage, any associated decrease in the home central bank's foreign asset implies an increased home money supply.
Savers are motivated by the
A. real interest rate. B. advertised interest rate. C. expected rate of inflation. D. nominal interest rate.