Question Two Price Level Real

  1. The principle of monetary neutrality implies that an increase in the money supply will increasea. neither the price level nor
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  2. If aggregate demand shifts left, then in the short runa. the price level rises and real GDP falls. b. the price and real GDP
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  3. If aggregate demand shifts left, then in the short runa. the price level and real GDP both rise. b. the price level falls and
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  4. The principle of monetary neutrality implies that an increase in the money supply willa. increase neither the price level nor
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  5. Economic expansions in Europe and China would causea. the U.S. price level to rise and real GDP to fall. b. the U.S. price level
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  6. Suppose you have $7,000 in savings when the price level index is at 100.A. If inflation pushes the price level up by 10 percent,
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  7. a. If the actual price level exceeds the expected price level reflected inlong-term contracts, real GDP equals ____________ and
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  8. Cannot attach graph!a. If the actual price level exceeds the expected price level reflected in long-term contracts, real GDP
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  9. Out of the following economic statistics, which is the best measure of economic prosperity ?a. The price level b. The level of
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  10. At an initial point on the aggregate demand curve, the price level is 100, and real to GDP is $15trillion. After the price level
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