18. Suppose the price level, the money wage, and the price of all other resources rise by 10 percent. This set of changes leads to (A)an upward movement along the LAS curve. (B) a downward movement along the LAS curve. (C)an upward movement along the SAS curve. (D)a leftward shift of the LAS curve.

19. Taking into account the upward-sloping short-run aggregate supply curve, the short-run effect of an increase in government expenditure on real GDP is that (A)real GDP increases by more in the short run than in the long run. (B) real GDP increases by the same amount in the short run as in the long run. (C)real GDP increases by less in the short run than in the long run. (D)real GDP does not change in the short run because the price level increases.

18. Suppose the price level, the money wage, and the price of all other resources rise by 10 percent. This set of changes leads to
(A)an upward movement along the LAS curve.
(B) a downward movement along the LAS curve.
(C)an upward movement along the SAS curve.
(D)a leftward shift of the LAS curve.

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18. Suppose the price level, the money wage, and the price of all other resources rise by 10 percent. This set of changes leads to(A)an upward movement along the LAS curve.(B) a downward movement along the LAS curve.(C)an upward movement along the SAS curve.(D)a leftward shift of the LAS curve.

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相關試卷

18. Suppose the price level, the money wage, and the price of all other resources rise by 10 percent. This set of changes leads to
(A)an upward movement along the LAS curve.
(B) a downward movement along the LAS curve.
(C)an upward movement along the SAS curve.
(D)a leftward shift of the LAS curve.