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Author Question: A short run equilibrium: a. Will be at a greater output level than the natural level of real ... (Read 90 times)

lracut11

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A short run equilibrium:
 a. Will be at a greater output level than the natural level of real output.
  b. Will be at the natural level of real output.
 c. Will be at a smaller output level than the natural level of real output.
  d. Short-run equilibrium could be at any of the above levels of output.

Question 2

Suppose the Congress enacts a 5 percent decrease in annual military expenditures. Other things equal, this can be associated with:
 a. a change in the slope of the aggregate demand curve.
  b. a leftward shift of the aggregate demand curve.
  c. a rightward shift of the aggregate demand curve.
  d. a movement down along the aggregate demand curve.
  e. a movement up along the aggregate demand curve.



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ky860224

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Answer to Question 1

d

Answer to Question 2

b




lracut11

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


adf223

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Reply 3 on: Yesterday
Excellent

 

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