曼昆经济学题库chapter24.docVIP

Chapter 24 The Influence of Monetary and Fiscal Policy on Aggregate Demand MULTIPLE CHOICE 1. Fiscal policy affects the economy a. only in the short run. b. only in the long run. c. in both the short and long run. d. in neither the short nor long run. ANSWER: c. in both the short and long run. TYPE: M DIFFICULTY: 1 SECTION: 21.0 2. Which of the following is not a reason the aggregate demand curve slopes downward? As the price level increases a. real wages decline. b. real wealth declines. c. the interest rate increases. d. the exchange rate increases. ANSWER: a. real wages decline. TY