Author Question: If potential output exceeds actual output, the aggregate demand curve shifts downward over time. ... (Read 139 times)

kwoodring

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If potential output exceeds actual output, the aggregate demand curve shifts downward over time.
 
  Indicate whether the statement is true or false

Question 2

As compared to the estimates of the natural rate of unemployment for the United States, those for Europe are
 
  A) higher. B) the same.
  C) lower. D) higher and more variable.


joneynes

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Answer to Question 1

FALSE

Answer to Question 2

A



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