[Answered] The concept of cost-push inflation cannot be explained by the aggregate expenditure model. a. True ...

This topic contains a solution. Click here to go to the answer

Author Question: The concept of cost-push inflation cannot be explained by the aggregate expenditure model. a. True ... (Read 33 times)

lunatika

Hero Member
Posts: 548

on: Jun 30, 2018

The concept of cost-push inflation cannot be explained by the aggregate expenditure model.
a. True
b. False
Indicate whether the statement is true or false

Question 2

A decrease in federal income tax rates is an example of fiscal policy that affects GDP through consumption adjustments.
a. True
b. False
Indicate whether the statement is true or false

Need homework help now?

Ask unlimited questions for free

Ask a Question

Marked as best answer by a Subject Expert

akemokai

Sr. Member
Posts: 347

Reply #1 on: Jun 30, 2018

Answer to Question 1

True

Answer to Question 2

True

lunatika

Member
Posts: 548

Reply 2 on: Jun 30, 2018

Great answer, keep it coming

peter

Member
Posts: 330

Reply 3 on: Yesterday

Excellent

« previous next »

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.