Author Question: The concept of cost-push inflation cannot be explained by the aggregate expenditure model. a. True ... (Read 105 times)

lunatika · **on:** Jun 30, 2018

The concept of cost-push inflation cannot be explained by the aggregate expenditure model.
a. True
b. False
Indicate whether the statement is true or false

Question 2

A decrease in federal income tax rates is an example of fiscal policy that affects GDP through consumption adjustments.
a. True
b. False
Indicate whether the statement is true or false