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Author Question: In the short run, an increase in aggregate demand A) lowers the price level and decreases real ... (Read 113 times)

melly21297

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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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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


irishcancer18

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Reply 3 on: Yesterday
Excellent

 

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