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Author Question: According to the classical model, changes in aggregate demand are driven by a. changes in taxes. ... (Read 60 times)

strangeaffliction

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on: Jun 30, 2018
According to the classical model, changes in aggregate demand are driven by
 
  a. changes in taxes.
  b. changes in borrowing and lending.
  c. changes in fiscal policy.
  d. demand curve to the left and increases the price level.

Question 2

During World War II, price controls were necessitated as shortages emerged in consumer markets. This required
 
  (a) the federal government to ration goods through tickets.
  (b) the federal distribution of rationing points.
  (c) a forced reduction in private consumption.
  (d) all of the above actions.


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meganlapinski

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

D

Answer to Question 2

(d)


strangeaffliction

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Reply #2 on: Jun 30, 2018
Thank you :)


meganlapinski

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Reply #3 on: Jun 30, 2018
Happy to help you


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