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Author Question: If there is currently a recessionary gap in the economy the Fed could work toward recovery by ... (Read 48 times)

mspears3

  • Hero Member
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  • Posts: 586
on: Jun 30, 2018
If there is currently a recessionary gap in the economy the Fed could work toward recovery by increasing the money supply and decreasing the interest rate.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

According to the traditional classical school of thought, aggregate supply is vertical both in the short run and in the long run.
 a. True
  b. False
  Indicate whether the statement is true or false


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kaylee05

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

True

Answer to Question 2

True


mspears3

  • Member
  • Posts: 586
Reply 2 on: Jun 30, 2018
Excellent

Liddy

  • Member
  • Posts: 342
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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