Multiple choice questions Chapter 7
Multiple Choice Questions
1) A person quits her job in order to spend time
looking for a better paying job. This is an
A) frictional unemployment.
B) structural unemployment.
C) seasonal unemploy
Multiple-Choice Questions Chapter 14,15
1. If the price level increases, then
a. the economy will move up and to the left along a stationary aggregate demand curve.
b. the aggregate demand curve will shift to the right.
c. the aggregate demand curve will
Review Questions Chapter 11, 12, 14
1) Starting from an initial equilibrium in the IS-LM model, how would you model the effects of a stock market
boom that increased autonomous consumption and contractionary monetary policy that sought to prevent