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Author Question: Assuming a long-run aggregate supply curve, a decrease in government spending results in ________ in ... (Read 151 times)

Jkov05

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on: Jun 30, 2018
Assuming a long-run aggregate supply curve, a decrease in government spending results in ________ in output and ________ in price level.
 
  A) no change; a decrease B) an increase; no change
  C) no change; an increase D) a decrease; a decrease

Question 2

Capital is a factor of production. An example of capital as a factor of production is
 
  A) machines. B) education. C) stocks. D) money. E) bonds.


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wtf444

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

A

Answer to Question 2

A


Jkov05

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Reply #2 on: Jun 30, 2018
Thank you


wtf444

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Reply #3 on: Jun 30, 2018
No problemo


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