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Author Question: The nominal cost per unit of output rises when production is pushed beyond an economy's potential ... (Read 39 times)

captainjonesify

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The nominal cost per unit of output rises when production is pushed beyond an economy's potential output.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

In the long run, a change in the money supply does not affect the natural rate of unemployment because:
 a. the aggregate demand curve is vertical.
 b. the aggregate demand curve is downward sloping.
 c. the long-run aggregate supply curve is vertical.
 d. the long-run aggregate supply curve is upward sloping.
  e. the long-run aggregate supply curve is horizontal.



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kalskdjl1212

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Answer to Question 1

True

Answer to Question 2

c




captainjonesify

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


sarah_brady415

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

 

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