问题


There is a single choice question about high school macroeconomics. Answer the question by replying A, B, C or D.
Question: A negative or contractionary supply shock will
A. shift the Phillips curve to the left.
B. shift the investment demand curve to the right.
C. shift the money demand curve to the right.
D. shift the Phillips curve to the right.
Answer:

答案

模型 模型答案 正确答案
金声玉亮2.0

D. shift the Phillips curve to the right.
D
deepseekr1

A negative supply shock, such as an oil crisis, reduces aggregate supply, leading to higher inflation and unemployment (stagflation). In the Phillips curve framework, this worsens the inflation-unemployment trade-off, shifting the short-run Phillips curve **to the right** (option D). While a higher price level could increase nominal money demand (option C), the primary focus in standard high school macroeconomics is on the direct effect on the Phillips curve. Thus, the correct answer is:

**D. shift the Phillips curve to the right.**
D
gpto1 D D
GPT-4o D. shift the Phillips curve to the right. D
llama3.1-70B-Instruct

D
D
llama3.1-405B-Instruct

D. shift the Phillips curve to the right.
D
DeepSeek-Coder-V2 D D
Qwen2-72B-Instruct D. shift the Phillips curve to the right. D
baichuan4 A. shift the Phillips curve to the left. D
doubao D. shift the Phillips curve to the right.

A negative or contractionary supply shock typically leads to higher unemployment and higher inflation, which is represented by a shift of the Phillips curve to the right.
D
minimax D. shift the Phillips curve to the right. D
kimi D. shift the Phillips curve to the right.

A negative or contractionary supply shock typically refers to an event that reduces the productive capacity of an economy, such as a natural disaster, a sudden increase in production costs, or a decrease in the workforce. This type of shock leads to a decrease in the aggregate supply of goods and services in the economy.

The Phillips curve is a theoretical relationship between the rate of inflation and the rate of unemployment. It suggests that there is an inverse relationship between the two: as unemployment decreases, inflation tends to increase, and vice versa.

A negative supply shock causes the aggregate supply curve to shift to the left, indicating that for any given level of aggregate demand, the economy will produce less. This results in higher prices (inflation) and potentially higher unemployment as the economy cannot produce as much as it used to. Graphically, this is represented by a rightward shift of the Phillips curve, indicating that to achieve a certain level of inflation, a higher level of unemployment is necessary.
D
wenxinyiyan A. shift the Phillips curve to the left.

Explanation:
A negative or contractionary supply shock typically refers to an unexpected event that reduces the overall productive capacity of an economy, leading to higher prices and lower output.

The Phillips curve represents the relationship between the rate of unemployment and the rate of inflation in an economy. When there is a negative supply shock, the increased prices lead to a higher inflation rate, while the reduced output often results in higher unemployment. This combination of higher inflation and higher unemployment shifts the Phillips curve to the left.

Option B is incorrect because a negative supply shock does not typically shift the investment demand curve to the right. Investment demand is more likely to decrease due to the higher costs and reduced economic activity.

Option C is incorrect because a negative supply shock does not directly shift the money demand curve to the right. Money demand may change in response to various factors, but a supply shock primarily affects the real economy, not money demand directly.

Option D is incorrect because, as explained above, a negative supply shock shifts the Phillips curve to the left, not to the right.
D
zhipu D. shift the Phillips curve to the right.

A negative or contractionary supply shock typically leads to higher prices (inflation) and lower output, which results in higher unemployment. This relationship is represented on the Phillips curve, which shows the inverse relationship between inflation and unemployment. A negative supply shock would cause the Phillips curve to shift to the right, indicating higher inflation for any given level of unemployment.
D
gpto1 D D