Author Question: Proponents of the real business cycle model argue that the short-run aggregate supply curve is A) ... (Read 48 times)

dalyningkenk

  • Hero Member
  • *****
  • Posts: 598
Proponents of the real business cycle model argue that the short-run aggregate supply curve is
 
  A) flat. B) negatively sloped. C) positively sloped. D) vertical.

Question 2

Refer to Figure 27-9. Given that the economy has moved from point A to point B in the graph above, which of the following would be the appropriate fiscal policy to achieve potential GDP?
 
  A) decrease the money supply B) increase government spending
  C) increase interest rates D) increase taxes



sabina576

  • Sr. Member
  • ****
  • Posts: 356
Answer to Question 1

D

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

For a complete list of videos, visit our video library