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Author Question: An increase in investment causes the price level to ________ in the short run and ________ in the ... (Read 27 times)

NClaborn

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on: Jun 29, 2018
An increase in investment causes the price level to ________ in the short run and ________ in the long run.
 
  A) decrease; increase B) increase; increase further
  C) increase; decrease D) decrease; decrease further

Question 2

A decrease in the level of cyclical unemployment will shift the long-run Phillips curve.
 
  Indicate whether the statement is true or false


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Jane

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

B

Answer to Question 2

FALSE


NClaborn

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Reply 2 on: Jun 29, 2018
Excellent

jomama

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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