Author Question: If people underestimate the effects of expansionary policy, an increase in the growth rate of ... (Read 51 times)

jhjkgdfhk · **on:** Jun 30, 2018

If people underestimate the effects of expansionary policy, an increase in the growth rate of aggregate demand will tend to increase real GDP:
a. in both the short run and the long run.
b. in the short run but not the long run.
c. in the long run but not the short run.
d. in neither the short run nor the long run.

Question 2

Which of the following countries went through a financial crisis in 1997?
a. Russia
b. Canada
c. Italy
d. India
e. Korea