Author Question: Other things equal, the steeper the slope of the aggregate supply curve, the more effective will be ... (Read 65 times)

tiffannnnyyyyyy · **on:** Jun 30, 2018

Other things equal, the steeper the slope of the aggregate supply curve, the more effective will be the expansionary fiscal policy.
a. True
b. False
Indicate whether the statement is true or false

Question 2

A decrease in consumer incomes will:
a. decrease the demand for an inferior good.
b. decrease the supply of an inferior good.
c. increase the demand for a normal good.
d. do none of the above