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Author Question: With respect to Figure 3.1, the classicists argued that a. the relevant aggregate supply curve is ... (Read 56 times)

joblessjake

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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.


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Shshxj

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

A

Answer to Question 2

D


joblessjake

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Reply #2 on: Jun 30, 2018
Correct answers!


Shshxj

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Reply #3 on: Jun 30, 2018
Great! Please up vote :D


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