The equilibrium level of aggregate output is determined in ?

Related Mcqs:

A checking deposit in a bank in considered _________ of that bank?

A. an asset B. capital C. net worth D. a liability...

According to the simple Keynesian view the aggregate supply curve is ?

A. downward sloping over all levels of output B. upward sloping over all levels of output C. horizontal until it reaches full capacity and then becomes vertical D. vertical until it reaches full capacity and then becomes horizontal...

Which of the following is not a function of money ?

A. hedge against inflation B. Medium of exchange C. unit of account D. Store of value...

As the required reserve ratio is decreased the money multiplier ?

A. decreases B. remain the same, as long as banks hold no excess reserves C. could either increase or decrease D. increases...

The curve that illustrates the positive relationship between the equilibrium values of aggregate output and the interest rate in the money market is the ?

A. money supply curve B. LM curve C. money demand curve D. IS curve...