MindTap Economics, 2 terms (12 months) Printed Access Card for Mankiw's Principles of Economics, 8th (MindTap Course List)
8th Edition
ISBN: 9781337096539
Author: N. Gregory Mankiw
Publisher: Cengage Learning
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Question
Chapter 33, Problem 3CQQ
To determine
The impact of change in expected price level.
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A change in the expected price level shifts
a. the aggregate demand curve.
b. the short-run aggregate supply curve, but not the long-run aggregate supply curve.
c. the long-run aggregate supply curve, but not the short-run aggregate supply curve.
d. both the short-run and the long-run aggregate supply curves.
When production costs rise, in the short run:
When production costs rise, in the short run:
A. the aggregate-supply curve shifts down to the right
B. the aggregate-demand curve shifts down to the left
C. the aggregate-demand curve shifts up to the right
D. the aggregate-supply curve shifts up to the left
E. both the aggregate-demand curve and the aggregate-supply curve shift to the left
Increases in the quality of inputs that do not affect the quantity of those inputs, increase
A. short - run aggregate supply but not long - run aggregate supply.
B. aggregate quantity supplied.
C. long - run aggregate supply but not short - run aggregate supply
D. both long - run aggregate supply and aggregate quantity supplied.
E. both long - run aggregate supply and short - run aggregate supply.
Chapter 33 Solutions
MindTap Economics, 2 terms (12 months) Printed Access Card for Mankiw's Principles of Economics, 8th (MindTap Course List)
Ch. 33.1 - Prob. 1QQCh. 33.2 - Prob. 2QQCh. 33.3 - Prob. 3QQCh. 33.4 - Prob. 4QQCh. 33.5 - Prob. 5QQCh. 33 - Prob. 1CQQCh. 33 - Prob. 2CQQCh. 33 - Prob. 3CQQCh. 33 - Prob. 4CQQCh. 33 - Prob. 5CQQ
Ch. 33 - Prob. 6CQQCh. 33 - Prob. 1QRCh. 33 - Prob. 2QRCh. 33 - Prob. 3QRCh. 33 - Prob. 4QRCh. 33 - Prob. 5QRCh. 33 - Prob. 6QRCh. 33 - Prob. 7QRCh. 33 - Prob. 1PACh. 33 - Prob. 2PACh. 33 - Prob. 3PACh. 33 - Prob. 4PACh. 33 - Prob. 5PACh. 33 - Prob. 6PACh. 33 - Prob. 7PACh. 33 - Prob. 8PACh. 33 - Prob. 9PACh. 33 - Prob. 10PA
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