Question 19
Question 19 of 30
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No letter options?
Older MCQs might not have the typical A, B, C, D choices. They have choices 1, 2, 3, and a combination of them is the answer. Below is the key that maps such combinations to the answer.
A 1, 2 and 3 are correct
B 1 and 2 only are correct
C 2 and 3 only are correct
D 1 only is correct
Topics Tested
4. The Macroeconomy (AS L...
4.3. Aggregate Demand and Aggregate...

effects of shifts in the AD curve and the AS curve on the level of real output, the price level and employment

5. Government macroeconom...
5.3. Monetary policy

AD/AS analysis of the impact of expansionary and contractionary monetary policy on the equilibrium national income and the level of real output, the price level and employment