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Author Question: A short run equilibrium: a. Will be at a greater output level than the natural level of real ... (Read 103 times)

lracut11

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on: Jun 30, 2018
A short run equilibrium:
 a. Will be at a greater output level than the natural level of real output.
  b. Will be at the natural level of real output.
 c. Will be at a smaller output level than the natural level of real output.
  d. Short-run equilibrium could be at any of the above levels of output.

Question 2

Suppose the Congress enacts a 5 percent decrease in annual military expenditures. Other things equal, this can be associated with:
 a. a change in the slope of the aggregate demand curve.
  b. a leftward shift of the aggregate demand curve.
  c. a rightward shift of the aggregate demand curve.
  d. a movement down along the aggregate demand curve.
  e. a movement up along the aggregate demand curve.


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ky860224

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

d

Answer to Question 2

b


lracut11

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Reply 2 on: Jun 30, 2018
Excellent

raenoj

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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