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Author Question: The real output of the economy under conditions of full employment A) is long-run aggregate ... (Read 45 times)

serike

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on: Jun 30, 2018
The real output of the economy under conditions of full employment
 
  A) is long-run aggregate demand. B) is long-run aggregate supply.
  C) happens only when there is no inflation. D) is determined by the real-balance effect.

Question 2

The first systematic attempt to explain the determinants of the price level and national levels of income, employment, consumption and real Gross Domestic Product (GDP) was made by ________ economists.
 
  A) supply-side B) classical C) Keynesian D) monetarist


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xMRAZ

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

B

Answer to Question 2

B


serike

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Reply 2 on: Jun 30, 2018
Excellent

essyface1

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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