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Author Question: If aggregate supply increases and aggregate demand remains unchanged (Read 68 times)

acc299

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on: Apr 19, 2019

Question 1

If inflation expectations change as a result of an expansionary fiscal policy, this causes


◦ the long-run Phillips curve to shift.
◦ the short-run Phillips curve to shift.
◦ the short-run Phillips curve to remain constant.
◦ a movement along the short-run Phillips curve.

Question 2

If aggregate supply increases and aggregate demand remains unchanged


◦ there will be a positive relationship between the price level and the level of aggregate output.
◦ there will be a negative relationship between the price level and the level of aggregate output.
◦ there will be no systematic relationship between the price level and the level of aggregate output.
◦ the price level will remain unchanged, but aggregate output will decrease.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by acc299 on Apr 19, 2019

jessicaduplan

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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acc299

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Reply 2 on: Apr 19, 2019
Great answer, keep it coming :)

Sarahjh

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Reply 3 on: Yesterday
Wow, this really help

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