Author Question: If the aggregate demand curve shifts ________ faster than the long-run aggregate supply curve, then ... (Read 116 times)

ts19998 · **on:** Jun 29, 2018

If the aggregate demand curve shifts ________ faster than the long-run aggregate supply curve, then ________ occurs.

A) leftward; economic growth
B) leftward; inflation
C) rightward; economic growth
D) rightward; inflation

Question 2

The official settlements account of a country measures

A) the receipts from goods and services bought and sold and transfers to and from foreigners.
B) borrowing and lending between the country's residents and foreigners.
C) the net increase or decrease in the country's official reserves.
D) net transfer payments between the country's citizens and foreigners.