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Author Question: Neither positive nor negative supply shocks a. Change AD. b. Permanently change real output in an ... (Read 188 times)

tfester

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on: Jun 30, 2018
Neither positive nor negative supply shocks
 a. Change AD.
 b. Permanently change real output in an economy.
  c. Change the price level in the long run.
 d. Do any of the above

Question 2

A horizontal aggregate supply curve indicates that equilibrium real GDP is determined by aggregate supply.
 a. True
  b. False
  Indicate whether the statement is true or false


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ecabral0

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

d

Answer to Question 2

False


tfester

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

T4T

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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