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Author Question: The interest rate effect is part of the reason A) the long-run aggregate supply curve is ... (Read 94 times)

sarasara

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on: Jun 30, 2018
The interest rate effect is part of the reason
 
  A) the long-run aggregate supply curve is vertical.
  B) the aggregate demand curve is downward sloping.
  C) the short-run aggregate supply curve is upward sloping.
  D) the aggregate demand curve is upward sloping.

Question 2

The development of new products through research and development in new growth theory is important because
 
  A) new patents are created.
  B) there can be a positive impact on future growth.
  C) society's scarce resources are being used when they could be used for current consumption.
  D) it will lead to a reduction in the savings rate.


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Anton

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

B


sarasara

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  • Posts: 521
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

xthemafja

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

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