问题 单项选择题

In the long run, when the economy is at full employment, will a decrease in the quantity of money due to restrictive monetary policy that brings a decrease in aggregate demand likely result in: the price level real GDP()①A. No No ②B. No Yes ③C. Yes No

A. ①

B. ②

C. ③

答案

参考答案:C

解析:

From an initial long-run equilibrium, an increase (decrease) in aggregate demand will increase (decrease) prices and output in the short ran, and the resulting increase(decrease) in money wages will decrease (increase) short-run aggregate supply; resulting in further price increases (decreases) and a return to full-employment long-run equilibrium.

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