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Author Question: Aggregate demand determines output in the short run if prices are flexible. Indicate whether the ... (Read 139 times)

B

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on: Jun 30, 2018
Aggregate demand determines output in the short run if prices are flexible.
 
  Indicate whether the statement is true or false

Question 2

There is greater support for active policymaking when
 
  A) price flexibility is common. B) wage flexibility is common.
  C) pure competition is widespread. D) none of the above.
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
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xiazhe

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Reply #1 on: Jun 30, 2018
Answer to Question 1

FALSE

Answer to Question 2

D


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