This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If there was no profit effect or misperception effect in the short run, then SRAS is ____ and LRAS ... (Read 89 times)

c0205847

  • Hero Member
  • *****
  • Posts: 531
on: Jun 30, 2018
If there was no profit effect or misperception effect in the short run, then SRAS is ____ and LRAS is ____.
 a. upward sloping; upward sloping
  b. upward sloping: vertical
 c. vertical; upward sloping
 d. vertical; vertical

Question 2

When the government uses taxes and spending to affect national economy, it is engaging in:
 a. fiscal policy.
  b. monetary policy.
  c. interest rate policy.
  d. trade policy.
  e. exchange rate policy.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ebenov

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

a


c0205847

  • Hero Member
  • *****
  • Posts: 531
Reply #2 on: Jun 30, 2018
Correct answers!


ebenov

  • Sr. Member
  • ****
  • Posts: 331
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Effect of a Black Hole’s Tidal Force on Infalling Matter Effect of a Black Hole’s Tidal Force on Infalling Matter
effect of light on plant effect of light on plant
Will the sun rise tomorrow? Are you sure? “Cause and effect” vs. sense experience. Will the sun rise tomorrow? Are you sure? “Cause and effect” vs. sense experience.
Effect of Landfall Effect of Landfall
Lake-effect snow: Cold air over warm water Lake-effect snow: Cold air over warm water
How much atmospheric pressure drop would starting to effect us? How much atmospheric pressure drop would starting to effect us?
Video: Electrocardiogram Examination

For a complete list of videos, visit our video library