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Author Question: Explain how fiscal policy can correct a contractionary ga What will be an ideal ... (Read 72 times)

Lobcity

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Explain how fiscal policy can correct a contractionary ga
 
  What will be an ideal response?

Question 2

Which of the following statements correctly describes perfectly competitive market equilibrium?
 
  A) There is always excess supply or excess demand when the market is in equilibrium.
  B) Multiple equilibriums are possible for a given set of demand and supply curves.
  C) Government intervention is necessary for the market to reach equilibrium.
  D) Any deviation from equilibrium is automatically restored.


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Kingjoffery

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Lobcity

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Reply 2 on: Jun 30, 2018
Excellent


Joy Chen

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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