Author Question: In the short run, a supply shock that shifts the short-run aggregate supply curve leftward raises ... (Read 102 times)

jace · **on:** Jun 29, 2018

In the short run, a supply shock that shifts the short-run aggregate supply curve leftward raises the price level and increases real GDP.

Indicate whether the statement is true or false

Question 2

Utilitarianism argues that

A) Only equality brings efficiency.
B) There is a tradeoff between equality and efficiency.
C) The result is fair if the rules are fair.
D) The competitive market is fair.