Which of the following will most likely accompany an unanticipated reduction in aggregate demand?
a. an increase in the general price level
b. an increase in unemployment
c. an increase in real GDP
d. an increase in resource prices
B
Economics
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In the above figure, the economy is at point a on the initial supply of loanable funds curve SLF0. What happens if the real interest rate rises?
A) Nothing; the economy would remain at point a. B) There would be a movement to a point such as b on supply of loanable funds curve SLF0. C) The supply of loanable funds curve would shift rightward to a curve such as SLF2. D) The supply of loanable funds curve would shift leftward to a curve such as SLF1.
Economics
Define the concentration ratio
What will be an ideal response?
Economics