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Author Question: If a decrease in the Zfactors resulted in a very large change in the price level and a very small ... (Read 370 times)

penza

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on: Apr 19, 2019

Question 1

An intended goal of contractionary fiscal policy and a tightening of monetary policy is


◦ an increase in interest rates.
◦ an increase in the price level.
◦ a decrease in the unemployment rate.
◦ a decrease in the level of aggregate output.

Question 2

If a decrease in the 
Z factors resulted in a very large change in the price level and a very small change in aggregate output


◦ then in the U.S. economy investment demand must not be sensitive to the interest rate.
◦ then the U.S. economy must have been on the very steep part of its short-run aggregate supply curve.
◦ then the U.S. economy must have been on the very flat part of its short-run aggregate supply curve.
◦ then the U.S. aggregate demand curve must be very steep.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by penza on Apr 19, 2019

Viet Thy

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Trần Phương Chi

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Reply #2 on: Dec 21, 2022
thank you


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