Aggregate supply is upward sloping in the a. new classical ...

[SGallaher96]

Aggregate supply is upward sloping in the
 
  a. new classical model.
  b. classical model.
  c. monetarist model.
  d. real business cycle models.
  e. both a and c.

Question 2

The value of output produced in colonial America equals the value of income generated by the productive resources (land, natural resources, labor, capital and entrepreneurial talent) used to produce that output.
 
  Indicate whether the statement is true or false

[tranoy]

Answer to Question 1

E

Answer to Question 2

True

[SGallaher96]

Thanks for the timely response, appreciate it

[anyusername12131]

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