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Author Question: Those who favor a passive approach to policy often argue that changes in prices and wages will shift ... (Read 40 times)

robinn137

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on: Jun 30, 2018
Those who favor a passive approach to policy often argue that changes in prices and wages will shift the:
 a. short-run aggregate supply curve before active policy shifts the aggregate demand curve.
 b. short-run aggregate supply curve only after active policy shifts the aggregate demand curve.
  c. short-run aggregate supply curve more than active policy shifts the aggregate demand curve.
  d. short-run aggregate supply curve less than active policy shifts the aggregate demand curve.
 e. short-run aggregate supply curve in a direction opposite the shift in the aggregate demand curve

Question 2

The _____ lag is typically longer for fiscal policy than monetary policy.
 a. supply
 b. cyclical
 c. effectiveness
 d. implementation
  e. recognition


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carojassy25

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

a

Answer to Question 2

d


robinn137

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

sailorcrescent

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

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