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Author Question: In the long run, a decrease in aggregate demand will lead to a(n): a. decrease in price and output ... (Read 78 times)

mrsjacobs44

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on: Jun 30, 2018
In the long run, a decrease in aggregate demand will lead to a(n):
 a. decrease in price and output levels.
 b. increase in price and output levels.
 c. increase in the price level and a decrease in output.
  d. decrease in the price level and an increase in output.
  e. decrease in the price level and no change in output.

Question 2

The ultimate effect of a reduction in the money supply is:
 a. a leftward shift of the aggregate demand curve.
 b. a rightward shift of the short-run aggregate supply curve.
 c. a movement upward along the aggregate demand curve.
 d. a movement downward along the aggregate demand curve.
 e. a movement upward along the short-run aggregate supply curve.


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shaikhs

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

e

Answer to Question 2

a


mrsjacobs44

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

diana chang

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

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