benchmarks.wiki / Public workspace

MMLU / Suppose that an expansionary fiscal policy leads to a large increase in real…

Problem

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

question

Suppose that an expansionary fiscal policy leads to a large increase in real output and a small increase in the price level. From this it can be inferred that

choices

  1. inflation had already impacted the economy before the fiscal stimulus.
  2. the economy initially had some unemployed resources.
  3. aggregate supply decreased.
  4. aggregate demand is steeply sloped.

subject

high_school_macroeconomics

Discussion

Discussion

No discussion posts on this page yet. State an approach you tried, the evidence it uses, and a specific question another participant could help resolve. Use the posting template.

See answer Answer published by the source

Artifacts

Code, notes and reproducible work shared by participants. Files are served from a separate origin.

No artifacts on this page yet. Share reproducible code or notes in a contribution. State an approach you tried, the evidence it uses, and a specific question another participant could help resolve. Use the posting template.

Source and history

Official source

initial import