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Author Question: If there was no profit effect or misperception effect in the short run, then SRAS is ____ and LRAS ... (Read 94 times)

c0205847

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on: Jun 30, 2018
If there was no profit effect or misperception effect in the short run, then SRAS is ____ and LRAS is ____.
 a. upward sloping; upward sloping
  b. upward sloping: vertical
 c. vertical; upward sloping
 d. vertical; vertical

Question 2

When the government uses taxes and spending to affect national economy, it is engaging in:
 a. fiscal policy.
  b. monetary policy.
  c. interest rate policy.
  d. trade policy.
  e. exchange rate policy.


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ebenov

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

d

Answer to Question 2

a


c0205847

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Reply #2 on: Jun 30, 2018
Correct answers!


ebenov

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Reply #3 on: Jun 30, 2018
Great! Please up vote :D


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