AP 宏觀經濟學 真題詳解: Lucas
Q Based on Figure 3, a movement from to will result in a non-inflationary expansion of real output.
Q Based on Figure 3, a movement from to will result in a non-inflationary expansion of real output.
A. AD1 to AD2
B. AD2 to AD3
C. AD3 to AD4
D. AD4 to AD5
E. AD5 to AD6
Ans:
(A).. in the horizontal stage, AS is horizontal in that the economy is in a recession. With any AD spur will only cause some improved GDP without any price raised (inflation).
