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Author Question: An increase in investment causes the price level to ________ in the short run and ________ in the ... (Read 80 times)

NClaborn

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An increase in investment causes the price level to ________ in the short run and ________ in the long run.
 
  A) decrease; increase B) increase; increase further
  C) increase; decrease D) decrease; decrease further

Question 2

A decrease in the level of cyclical unemployment will shift the long-run Phillips curve.
 
  Indicate whether the statement is true or false



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Jane

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Answer to Question 1

B

Answer to Question 2

FALSE




NClaborn

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Reply 2 on: Jun 29, 2018
Excellent


Hdosisshsbshs

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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