Author Question: In the long run, increased government spending is ineffective in raising equilibrium real GDP. a. ... (Read 72 times)

Haya94 · **on:** Jun 30, 2018

In the long run, increased government spending is ineffective in raising equilibrium real GDP.
a. True
b. False
Indicate whether the statement is true or false

Question 2

When economists disagree, it is often over what type of issues?

cswans24 · **Reply #1 on:** Jun 30, 2018

Answer to Question 1

True

Answer to Question 2

Economists generally disagree on policy issues that require utilizing normative economic analysis. Differences in beliefs or values lead to conflicts as to the best resolution of an economic problem.