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Author Question: The stickiness of wages and prices will cause A) changes in aggregate demand to have short-run ... (Read 112 times)

mmm

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The stickiness of wages and prices will cause
 
  A) changes in aggregate demand to have short-run effects on real GDP.
  B) changes in aggregate demand to have no short-run effects on real GDP.
  C) changes in aggregate demand to have long-run effects on real GDP.
  D) changes in aggregate demand to have both short-run and long-run effects on real GDP.

Question 2

The incentive of holding excess reserves is equal to
 
  A) the federal funds rate. B) the interest rate earned on excess reserves.
  C) the discount rate. D) none of the above.



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Chocorrol77

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Answer to Question 1

A

Answer to Question 2

B




mmm

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


ebonylittles

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

 

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