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Author Question: Proponents of the real business cycle model argue that the short-run aggregate supply curve is A) ... (Read 93 times)

dalyningkenk

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on: Jun 29, 2018
Proponents of the real business cycle model argue that the short-run aggregate supply curve is
 
  A) flat. B) negatively sloped. C) positively sloped. D) vertical.

Question 2

Refer to Figure 27-9. Given that the economy has moved from point A to point B in the graph above, which of the following would be the appropriate fiscal policy to achieve potential GDP?
 
  A) decrease the money supply B) increase government spending
  C) increase interest rates D) increase taxes


sabina576

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

D


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