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Author Question: An increase in aggregate demand in the long run will most likely result in: a. a decrease in price ... (Read 89 times)

Arii_bell

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on: Jun 30, 2018
An increase in aggregate demand in the long run will most likely result in:
 a. a decrease in price and output levels.
 b. an increase in price and output levels.
 c. an increase in the price level and a decrease in output.
  d. a decrease in the price level and an increase in output.
  e. an increase in the price level but no change in output.

Question 2

An increase in investment can lead to a greater increase in aggregate demand if the value of the spending multiplier is:
 a. greater than 1.
 b. less than 1 but more than zero.
  c. negative.
 d. exactly equal to zero.
 e. exactly equal to one.


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Bsand8

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

e

Answer to Question 2

a


Arii_bell

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Reply 2 on: Jun 30, 2018
Gracias!

scottmt

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

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