13. If Figure 1 above is to show the result of a "fully accommodating" monetary policy following a shift of the IS curve from IS0 to IS1, what is the initial level of real income and interest rate before these changes? (A) 3500; 7.5%. (B) 4500; 12.5%. (C) 5500; 7.5%. (D) 4500; 2.5%.

22. Refer to Figure 6. In the dynamic model of AD-AS in the figure above, if the economy is at point A in year 1 and is expected to go to point B in year 2, and no fiscal or monetary policy is pursued, then at point B (A) the unemployment rate is very low. (B) firms are operating at below capacity. (C) the economy is below full employment. (D) income and profits are falling. E) there is pressure on wages and prices to fall. Figure 7. The left-hand graph shows a short-run aggregate-supply (SRAS) curve and two aggregate-demand (AD) curves. On the left-hand diagram, Y represents output and on the right-hand diagram, U represents the unemployment rate.

13. If Figure 1 above is to show the result of a "fully accommodating" monetary policy following a shift of the IS curve from IS0 to IS1, what is the initial level of real income and interest rate before these changes?
(A) 3500; 7.5%.
(B) 4500; 12.5%.
(C) 5500; 7.5%.
(D) 4500; 2.5%.

相關試題

相關試卷

13. If Figure 1 above is to show the result of a "fully accommodating" monetary policy following a shift of the IS curve from IS0 to IS1, what is the initial level of real income and interest rate before these changes?(A) 3500; 7.5%.(B) 4500; 12.5%.(C) 5500; 7.5%.(D) 4500; 2.5%.

相關試題

相關試卷

13. If Figure 1 above is to show the result of a "fully accommodating" monetary policy following a shift of the IS curve from IS0 to IS1, what is the initial level of real income and interest rate before these changes?
(A) 3500; 7.5%.
(B) 4500; 12.5%.
(C) 5500; 7.5%.
(D) 4500; 2.5%.