【单选题】If an economy is currently in short-run equilibrium where the level of real GDP is greater than potential output, then in the long run, one will find:
A.
nominal wages will rise and the SRAS curve will shift left bringing the economy back to its potential real GDP.
B.
nominal wages will rise shifting the AD curve to the right and restoring real GDP to its potential level.
C.
nominal wages will fall and the SRAS curve will shift right bringing the economy back to its potential real GDP.
D.
nominal wages will fall shifting the AD curve to the left and bringing the economy back to its potential real GDP.
【单选题】If real output in an economy is 1,000 goods per year, the money supply is $300, and each dollar is spent an average of 3 times per year, then according to the quantity equation, the average price leve...
【单选题】If real output in an economy is 1000 goods per year, the money supply is $300, and each dollar is spend 3 times per year, then the average price of goods is