Author Question: With respect to Figure 3.1, the classicists argued that a. the relevant aggregate supply curve is ... (Read 37 times)

joblessjake · **on:** Jun 30, 2018

With respect to Figure 3.1, the classicists argued that

a. the relevant aggregate supply curve is labeled B.
b. the curves labeled B and G are both relevant during recessions.
c. only the supply curve labeled M is important.
d. None of the above

Question 2

A change in expectations in the new classical model

a. shifts the aggregate supply curve.
b. must reflect a change in the anticipated changes in the economy.
c. shifts the aggregate demand curve.
d. both a and b.
e. none of the above.

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

Answer to Question 1

A

Answer to Question 2

D

joblessjake · **Reply #2 on:** Jun 30, 2018

Correct answers!

Shshxj · **Reply #3 on:** Jun 30, 2018

Great! Please up vote

Author Question: With respect to Figure 3.1, the classicists argued that a. the relevant aggregate supply curve is ... (Read 37 times)

joblessjake

With respect to Figure 3.1, the classicists argued that a. the relevant aggregate supply curve is ...

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Shshxj

With respect to Figure 3.1, the classicists argued that a. the relevant aggregate supply curve is ...

joblessjake

With respect to Figure 3.1, the classicists argued that a. the relevant aggregate supply curve is ...

Shshxj

With respect to Figure 3.1, the classicists argued that a. the relevant aggregate supply curve is ...