Author: Anonymous

For a nation’s real GDP per capita to rise during a year:

A rightward shift of the AD curve in the very flat part of the upsloping AS curve will:

Cost-push inflation:

Coins held in commercial banks are:

A decline in investment will shift the AD curve to the:

The investment demand slopes downward and to the right because lower real interest rates:

Assuming an economy has fixed quantities of resources, that economy:

The rate of inflation can be found by subtracting:

What happens to the equilibrium price and equilibrium quantity when demand and supply increase simultaneously, but the relative size of the shifts are not known?

What happens to the equilibrium price and equilibrium quantity when demand and supply increase simultaneously, and the supply increase is known to be larger in magnitude than the demand increase?