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Author Question: Economic policies are effective at changing output when (Read 38 times)

MGLQZ

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Question 1

Economic policies are ineffective concerning quantities of output directly when


◦ the aggregate supply curve is flat.
◦ the aggregate demand is flat.
◦ the aggregate supply is vertical.
◦ the economy is not producing at capacity.

Question 2

Economic policies are effective at changing output when


◦ the economy is not producing at capacity.
◦ the economy is producing at its potential output.
◦ the unemployment rate is at the natural rate.
◦ the aggregate supply curve is vertical.


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Marked as best answer by MGLQZ on Apr 19, 2019

smrtceo

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MGLQZ

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Reply 2 on: Apr 19, 2019
Excellent


samiel-sayed

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Reply 3 on: Yesterday
:D TYSM

 

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