Question
In the Classical model, if there is an increase in
aggregate demand, what will be the long-run effect on output and prices?ÂSolution
 In this case, AS is vertical and AD is downward sloping, hence if AD shifts right, at new equilibrium there is increase in price and no change in output.
Select the wrong term in the series.
44, 47, 41, 50, 38, 53, 40
Find the wrong number in the given series.
17, 17, 51, 255, 1789, 16065
A series is given with one wrong term. Select the correct alternative from the given ones that will complete the series.
33, 44, 66, 110, 199, 374
8, 20, 48, 108, 232, 482
Find the wrong number in the given series.
5, 3, 6, 17.25, 64.75
Find the wrong number in the series given below.
6, 19, 59, 182, 544, 1637
Find the wrong number in the series given below.
5, 16, 50, 157, 463, 1394
8, 20, 48, 108, 232, 482
In the following question, select the wrong number from the given alternatives.
43, 50, 64, 85, 113, 138
A series is given with two wrong terms. Select the wrong term in the given series.
32, 43, 58, 73, 92, 117, 144