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Author Question: If potential output exceeds actual output, the aggregate demand curve shifts downward over time. ... (Read 115 times)

kwoodring

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on: Jun 30, 2018
If potential output exceeds actual output, the aggregate demand curve shifts downward over time.
 
  Indicate whether the statement is true or false

Question 2

As compared to the estimates of the natural rate of unemployment for the United States, those for Europe are
 
  A) higher. B) the same.
  C) lower. D) higher and more variable.
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
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joneynes

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Reply #1 on: Jun 30, 2018
Answer to Question 1

FALSE

Answer to Question 2

A


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