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Author Question: Neither positive nor negative supply shocks a. Change AD. b. Permanently change real output in an ... (Read 201 times)

tfester

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Neither positive nor negative supply shocks
 a. Change AD.
 b. Permanently change real output in an economy.
  c. Change the price level in the long run.
 d. Do any of the above

Question 2

A horizontal aggregate supply curve indicates that equilibrium real GDP is determined by aggregate supply.
 a. True
  b. False
  Indicate whether the statement is true or false



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ecabral0

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Answer to Question 1

d

Answer to Question 2

False




tfester

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


amcvicar

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Reply 3 on: Yesterday
Wow, this really help

 

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