Question: 22)If there is a positive aggregate demand shock and the central bank does nothing in response, then the economy will rebalance itself by... a.Input prices

22)If there is a positive aggregate demand shock and the central bank does nothing in response, then the economy will rebalance itself by...

a.Input prices falling.

b.Input prices rising.

c.An increase in the employment rate.

d.A fall in the NAIRU.

23)The neoclassical growth model generates economic growth through ____ variables.

a.Explicit.

b.Endocrine.

c.Exogenous.

d.Endogenous.

25)An increase in the marginal propensity to import causes the aggregate expenditure curve to...

a.Get flatter.

b.Get steeper.

c.Shift up.

d.Shift down.

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