If equilibrium in the economy is merely a function of aggregate ...

[danielfitts88]

If equilibrium in the economy is merely a function of aggregate demand, the aggregate supply curve must be:
 a. upward-sloping.
  b. downward-sloping.
  c. in the Keynesian region.
  d. vertical.
  e. at the full-capacity level.

Question 2

If consumers are less willing and able to pay for each level of output than they were previously, then apparently:
 a. demand has increased.
 b. supply has increased.
 c. demand has decreased.
 d. there has been a movement down along the demand curve.

[janeli]

Answer to Question 1

c

Answer to Question 2

c

[danielfitts88]

Thanks for the timely response, appreciate it

[sailorcrescent]

Excellent