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Author Question: Which of the following pairs of policies shift aggregate demand in the same direction? a. A tax ... (Read 83 times)

lunatika

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Which of the following pairs of policies shift aggregate demand in the same direction?
 a. A tax increase and an increase in the money supply.
 b. A transfer payment decrease and an increase in the money supply.
 c. A reduction in government purchases and decline in the money supply.
  d. An increase in government purchases and a decline in the money supply.

Question 2

Which of the following is considered a determinant of long-run economic growth?
 a. Increase in the interest rates
  b. Changing expectations
  c. Increase in the money supply
  d. Growth in productive resources
  e. Reduction in government spending



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yifu223

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Answer to Question 1

c

Answer to Question 2

d




yifu223

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