Author Question: Fiscal policy focuses on manipulating _____. a. aggregate demand to smooth out business ... (Read 78 times)

eruditmonkey@yahoo.com

  • Hero Member
  • *****
  • Posts: 546
Fiscal policy focuses on manipulating _____.
 a. aggregate demand to smooth out business fluctuations
 b. aggregate supply to smooth out business fluctuations
 c. both aggregate supply and aggregate demand to smooth out business fluctuations
 d. aggregate demand to stimulate the economy and aggregate supply to contract it
 e. short-run aggregate supply to stimulate the economy and aggregate demand to contract it

Question 2

Constant returns to scale cause the long-run average cost curve to be:
 a. horizontal.
  b. vertical.
  c. upward-sloping.
  d. downward-sloping.



nothere

  • Sr. Member
  • ****
  • Posts: 324
Answer to Question 1

a

Answer to Question 2

a



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

For a complete list of videos, visit our video library