This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Neither positive nor negative supply shocks a. Change AD. b. Permanently change real output in an ... (Read 157 times)

tfester

  • Hero Member
  • *****
  • Posts: 534
on: Jun 30, 2018
Neither positive nor negative supply shocks
 a. Change AD.
 b. Permanently change real output in an economy.
  c. Change the price level in the long run.
 d. Do any of the above

Question 2

A horizontal aggregate supply curve indicates that equilibrium real GDP is determined by aggregate supply.
 a. True
  b. False
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ecabral0

  • Sr. Member
  • ****
  • Posts: 310
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

False


tfester

  • Member
  • Posts: 534
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

gcook

  • Member
  • Posts: 343
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

Your heart beats over 36 million times a year.

Change in American Gender Attitudes, 1977-2006 Over recent decades, views of gender roles have beco Change in American Gender Attitudes, 1977-2006 Over recent decades, views of gender roles have beco
Real Femur Real Femur
Ancient Climate Change Ancient Climate Change
The impact of climate change is greater in some areas than in others The impact of climate change is greater in some areas than in others
Geoengineering is not a solution to climate change Geoengineering is not a solution to climate change
Change in Blood Pressure through the Systemic Circuit Change in Blood Pressure through the Systemic Circuit
Video: Facilitated Diffusion - Glucose transport

For a complete list of videos, visit our video library