Tackle the Test: Multiple-Choice Questions

  1. Question

    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
    Which of the following will shift the shor
  2. Question

    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
    Because changes in the aggregate price level have no effect on aggregate output in the long run, the lon
  3. Question

    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
    The horizontal intercept of the lon
  4. Question

    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
    A decrease in which of the following will cause the shor
  5. Question

    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
    That employers are reluctant to decrease nominal wages during economic downturns and raise nominal wages during economic expansions is one reason nominal wages are described as