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Author Question: The flatter the aggregate supply curve, the less the amount of government spending necessary to ... (Read 106 times)

bobypop

  • Hero Member
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  • Posts: 539
on: Jun 30, 2018
The flatter the aggregate supply curve, the less the amount of government spending necessary to close a 1 billion GDP gap.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Which of the following is expected to happen if import restrictions are removed for a particular industry?
 a. Supply will increase
 b. Supply curve will shift to the left
  c. Demand curve will shift to the left
  d. Prices will increase


kkenney

  • Sr. Member
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  • Posts: 352
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

a


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