vimo câu sai

The model of aggregate demand and aggregate supply

• is different from the model of supply and demand for a particular market, in that we cannot focus on the substitution of resources between markets to explain aggregate relationships.

• is different from the model of supply and demand for a particular market, in that we have to separate real and nominal variables in the aggregate model

• is a straightforward extension of the model of supply and demand for a particular market, in which substitution of resources between markets is highlighted

• is a straightforward extension of the model of supply and demand for a particular market, in which the interaction between real and nominal variables is highlighted.

The aggregate-demand curve shows that a decrease in the price level

• decreases the dollar value of goods and services demanded in the economy

• decreases the real value of goods and services demanded in the economy.

• increases the dollar value of goods and services demanded in the economy.

• increases the real value of goods and services demanded in the economy.

Other things the same, as the price level falls, which of the following increases?

• lending and investment spending

• lending, but not investment spending

• investment spending, but not lending

• neither investment spending nor lending

The long-run aggregate supply curve

• is vertical.

• is a graphical representation of the classical dichotomy.

• indicates monetary neutrality in the long run

• All of the above are correct.

Which of the following shifts the long-run aggregate supply curve to the left?

• either an increase in the price of imported natural resources or opening up international trade

• neither an increase in the price of imported natural resources or opening up international trade

• an increase in the price of imported natural resources, but not opening up international trade

• opening up international trade, but not an increase in the price of imported natural resources

The sticky-wage theory of the short-run aggregate supply curve says that when the price level rises more than expected,

• production is more profitable and employment rises.

• production is more profitable and employment falls.

• production is less profitable and employment rises.

• production is less profitable and employment falls.

Other things the same, if workers and firms expected inflation to be 2%, but it is only 1% then

• employment and production rise.

• employment rises and production falls.

• employment falls and production rises

• employment and production fall

If the actual price level is 165, but people had been expecting it to be 160, then

• the quantity of output supplied rises, but only in the short run.

• the quantity of output supplied rises in the short run and the long run.

• the quantity of output supplied falls, but only in the short run.

• the quantity of output supplied falls in the short run and the long run.

Which of the following shifts short-run aggregate supply left?

• an increase in the actual price level

• an increase in the expected price level

• an increase in the capital stock

• None of the above is correct

Which of the following shifts the short-run aggregate supply curve to the right?

• an increase in the money supply

• an increase in the price level

• a decrease in the expected price level

• All of the above are correct.