72 74 75 76 please ? h Done Final Exam 72. Suppose the economy is in long-run eq

Question

72 74 75 76 please ?

h Done Final Exam 72. Suppose the economy is in long-run equilibrium at full employment levels of real GDP. In the long run, if the money supply increases, we would ex pectin the price level and in real GDP. an increase; no change a decrease; no change no change; an increase an increase, an increase 73. Expansionary monetary policy works by decreasing consumption, allowing other sectors of the econormy to spend more. True False 4. In the long run, an increase in aggregate demand from a position of full employment leads to: O higher output and lower prices. O higher prices and the same output. O higher prices and higher output O higher output and higher unemploym 75. The inflation tax refers to the G inflation rate multiplied by the money supply G Increase in taxes when inflation rises inflation rate multiplied by the tax rate. O Inflation rate when aggregate demand increases 76. The long-run Phillips curve is vertical at the NAIRU becau an unemployment rate equal to NAIRU will always lead to zerp inflation any unemployment rate above the NAIRU will lead to evar agcelerating inflation any unemployment rate below the NAIRU wl lead to ever accelerating inflätlon any unemployment rate everidecelerating inflabion below the NATRU will lead to 77. Deflation: 07:00 Starti 6146 PM

Explanation / Answer

72

Option A

Q 74

Option C

Q 75

Inflatoin tax on money supply hence option A

Q76

ANy unemployment below NAIRU will lead to ever accelearating inflation

Hence option C

Related Questions

Navigate

• Browse (All)
• Browse 7
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.