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MMLU-Pro / 7636 / What will happen to the equilibrium price level and the equilibrium quantity of…

Problem

Answer published by the source. Consult the official source to check your work against its answer.

question

What will happen to the equilibrium price level and the equilibrium quantity of output if a major earthquake destroys much of the plant and equipment on the West Coast? Assume an upward sloping aggregate supply curve.

category

economics

options

  1. The equilibrium price level increases while the equilibrium quantity of output remains the same.
  2. The equilibrium price level and quantity of output increase.
  3. The equilibrium price level and quantity of output decrease.
  4. The equilibrium price level increases while the equilibrium quantity of output decreases.
  5. The equilibrium price level remains the same while the equilibrium quantity of output increases.
  6. The equilibrium price level and quantity of output remain the same.
  7. The equilibrium price level remains the same while the equilibrium quantity of output decreases.
  8. The equilibrium price level decreases while the equilibrium quantity of output remains the same.
  9. The equilibrium price level decreases and the equilibrium quantity of output fluctuates.
  10. The equilibrium price level decreases while the equilibrium quantity of output increases.

src

ori_mmlu-high_school_macroeconomics

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Source and history

upstream_id / Original problem ID
7636
task_id
f392cef8-c870-51d1-aa58-a305bd836985
task_key
default--test--7636
task_revision_id
1
config / split
default / test

Official source

initial import