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Author Question: Short-run macroeconomic equilibrium occurs when A) structural and frictional unemployment equal ... (Read 69 times)

corkyiscool3328

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on: Jun 29, 2018
Short-run macroeconomic equilibrium occurs when
 
  A) structural and frictional unemployment equal zero.
  B) the equilibrium lies on the long-run aggregate supply curve.
  C) aggregate demand and short-run aggregate supply intersect.
  D) A and B

Question 2

If, during a deposit expansion, not all money gets redeposited into the banking system and some leaks out as currency, then the real world multiplier is
 
  A) not related to 1/RR. B) smaller than 1/RR.
  C) equal to 1/RR. D) larger than 1/RR.


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Perkypinki

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


corkyiscool3328

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Reply 2 on: Jun 29, 2018
Excellent

scottmt

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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