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Author Question: In the short run, an increase in aggregate demand A) lowers the price level and decreases real ... (Read 49 times)

melly21297

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on: Jun 29, 2018
In the short run, an increase in aggregate demand
 
  A) lowers the price level and decreases real GDP.
  B) lowers the price level and increases real GDP.
  C) raises the price level and increases real GDP.
  D) raises the price level and decreases real GDP.

Question 2

In the above figure, a sales tax of 1 per unit imposed on sellers shifts the
 
  A) demand curve rightward.
  B) supply curve leftward.
  C) demand curve leftward.
  D) supply curve rightward.


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jlaineee

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

C

Answer to Question 2

B


melly21297

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

raenoj

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Reply 3 on: Yesterday
Wow, this really help

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