Author Question: In the real business cycle model, the short-run aggregate supply curve is always the same as ... (Read 65 times)

ts19998 · **on:** Jun 30, 2018

In the real business cycle model, the short-run aggregate supply curve is always the same as ________.

A) long-run aggregate supply
B) the long-run aggregate demand schedule
C) the velocity of money
D) the real rate of interest

Question 2

Refer to Figure 12.4. The increase in consumer wealth resulting from the housing bubble is best represented by a movement from

A) point A to point B.
B) point B to point D.
C) point D to point C.
D) point C to point A.