A. Increase real GDP, but not prices in the short run, while in the long run, prices will increase, nominal GDP will increase as a result and real GDP will remain at the new (short-run) higher level. B. Increase nominal GDP, real GDP, and prices in the short run, while in the ...
B.An increase in real GDPC.A decrease in the marginal propensity to save(MPS)D.An increase in disposable income 限时免费领取内部精选学习资料 作业帮APP 海量题库免费学 搜索答疑 多种解答 视频讲解 打开APP 答案解析 结果1 应该选C消费函数(Consumption function):随着收入的增加,消费也会增加,但是消费的...
An increase (shift right) in aggregate demand causes: a. A decrease in the price level and a decrease in real GDP. b. An increase in the price level and an increase in real GDP. c. An increase in the price level and a decrease in real GDP. d. A decrease in the price level and...
Real GDP:The term "Real GDP" is a measure or variable that measures the market value of all the furnished products and services that a country can produce in an accounting year or a specific period of time.Answer and Explanation: Become a Study.com member to unlock t...
Eurozone interest rates are likely to rise to 4.5% before starting to fall in 2024 and stabilizing around 2.5%. The economy will grow less with an increase in Andorran real GDP by 1.4%, which could increase to 2.2% in 2024 and 2025. As the Andorran economy moves along with France, Spa...
Operating in the intermediate range of the aggregate supply curve,an increase in aggregate demand results in an increase in (a) price level only (b)real GDP only(c) neither price level nor real GDP(d)nominal GDP only (e)price level and real GDP...
An increase in aggregate demand is most likely to result in ___. a. inflation b. recession c. economic stagnation d. a decrease in real GDP Aggregate Supply: The overall outputs produced by the economy in a specific time period are ...
Real GDP growthTotal factor productivityPanel data modelTime series modelMalaysiaThis paper estimates growth models for a panel of 15 Asian countries during 40-plus years from the early 1970s to 2014. The focus then shifts to Malaysia for which an annual time-series model is also estimated for...
An increase in government spending will tend to cause:a. Real GDP to rise and unemployment to fall. b. Real GDP to rise and unemployment to rise. c. Real GDP to fall and unemployment to fall. d. Real GDP to fall and unemployment to rise....
Growth of real GDP in the Czech Republic is at a historically low level. An economic summit in Prague invited the leading economists to pose a solution to the declining economic situation. Many of the economists in attendance subscribe to supply side economic theory. Their solution is to reduce...