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Author Question: A policy to increase aggregate demand to cure a recessionary gap may succeed; however, inflation is ... (Read 35 times)

michelleunicorn

  • Hero Member
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  • Posts: 565
on: Jun 30, 2018
A policy to increase aggregate demand to cure a recessionary gap may succeed; however, inflation is a likely result.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

If self-correction causes prices to fall less than nominal wages, both output and real wages will decrease.
 a. True
  b. False
  Indicate whether the statement is true or false


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patma1981

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

True

Answer to Question 2

True


michelleunicorn

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  • Posts: 565
Reply 2 on: Jun 30, 2018
Excellent

shailee

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  • Posts: 392
Reply 3 on: Yesterday
Great answer, keep it coming :)

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