What is most affected by the expected rate or pace of economic ...

[madam-professor]

What is most affected by the expected rate or pace of economic growth?
 
  A) investment spending B) government purchases
  C) unemployment D) exports

Question 2

Explain why the long-run aggregate supply curve is vertical.
 
  What will be an ideal response?

[macmac]

Answer to Question 1

A

Answer to Question 2

In the long run, the economy operates at full employment, and changes in the price level do not affect employment. Because the level of full-employment output does not depend on the price level, long-run aggregate supply is unaffected by the price level, and so is vertical.

[madam-professor]

TYSM

[chjcharjto14]

Thanks for the timely response, appreciate it