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Author Question: If the price level doubles, it will A) increase potential GDP. B) increase the quantity of ... (Read 122 times)

gbarreiro

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on: Jun 29, 2018
If the price level doubles, it will
 
  A) increase potential GDP.
  B) increase the quantity of money.
  C) decrease the buying power of money.
  D) decrease potential GDP.
  E) have no effect on the buying power of money.

Question 2

An outside lag is
 
  A) a policy aimed at increasing GDP. B) a policy aimed at reducing GDP.
  C) a lag in implementing policy. D) the period of time it takes for policies to work.


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manuelcastillo

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

C

Answer to Question 2

D


gbarreiro

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Reply #2 on: Jun 29, 2018
Thank you


manuelcastillo

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Reply #3 on: Jun 29, 2018
No problemo


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