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Author Question: Neither positive nor negative supply shocks a. Change AD. b. Permanently change real output in an ... (Read 156 times)

tfester

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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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Answer to Question 1

d

Answer to Question 2

False




tfester

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


chereeb

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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