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Author Question: The SAS curve and the LAS curve A) intersect at potential GDP. B) are parallel at potential GDP. ... (Read 29 times)

lbcchick

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on: Jun 29, 2018
The SAS curve and the LAS curve
 
  A) intersect at potential GDP.
  B) are parallel at potential GDP.
  C) are perpendicular to one another at potential GDP.
  D) None of the above answers is correct.

Question 2

If households expect an increase in their future incomes, they will save
 
  A) less and consume more today.
  B) more and consume less today.
  C) and consume more today.
  D) and consume less today.


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smrtceo

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

A

Answer to Question 2

A


lbcchick

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

parshano

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

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