Author Question: Fiscal policy focuses on manipulating _____. a. aggregate demand to smooth out business ... (Read 30 times)

eruditmonkey@yahoo.com

  • Hero Member
  • *****
  • Posts: 546
Fiscal policy focuses on manipulating _____.
 a. aggregate demand to smooth out business fluctuations
 b. aggregate supply to smooth out business fluctuations
 c. both aggregate supply and aggregate demand to smooth out business fluctuations
 d. aggregate demand to stimulate the economy and aggregate supply to contract it
 e. short-run aggregate supply to stimulate the economy and aggregate demand to contract it

Question 2

Constant returns to scale cause the long-run average cost curve to be:
 a. horizontal.
  b. vertical.
  c. upward-sloping.
  d. downward-sloping.



nothere

  • Sr. Member
  • ****
  • Posts: 324
Answer to Question 1

a

Answer to Question 2

a



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

For a complete list of videos, visit our video library