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Author Question: Stagflation is generally caused by: a. an increase in aggregate demand. b. a decrease in aggregate ... (Read 123 times)

lindiwe

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on: Jun 30, 2018
Stagflation is generally caused by:
 a. an increase in aggregate demand.
  b. a decrease in aggregate demand.
  c. an increase in aggregate supply.
  d. a decrease in aggregate supply.

Question 2

If crowding out exists, the expansionary effect of government spending will be:
 a. smaller than intended.
  b. negative.
  c. infinite.
  d. larger than intended.
  e. zero.


leeeep

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

d

Answer to Question 2

a


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