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Author Question: In the short run, an increase in aggregate demand A) lowers the price level and decreases real ... (Read 70 times)

melly21297

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on: Jun 29, 2018
In the short run, an increase in aggregate demand
 
  A) lowers the price level and decreases real GDP.
  B) lowers the price level and increases real GDP.
  C) raises the price level and increases real GDP.
  D) raises the price level and decreases real GDP.

Question 2

In the above figure, a sales tax of 1 per unit imposed on sellers shifts the
 
  A) demand curve rightward.
  B) supply curve leftward.
  C) demand curve leftward.
  D) supply curve rightward.


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jlaineee

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


melly21297

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

T4T

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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