This topic contains a solution. Click here to go to the answer

Author Question: During the Great Depression of the 1930s, the aggregate demand curve intersected the aggregate ... (Read 23 times)

rayancarla1

  • Hero Member
  • *****
  • Posts: 571
During the Great Depression of the 1930s, the aggregate demand curve intersected the aggregate supply curve in the:
 a. horizontal portion of the aggregate supply curve.
  b. upward-sloping part of the aggregate supply curve.
  c. vertical portion of the aggregate supply curve.
  d. early years in the horizontal portion, but in the later years in the vertical portion.
  e. early years in the vertical portion, but in the later years in the horizontal portion.

Question 2

Assume the economy is experiencing a recessionary gap. Keynesian economists would support which of the following policies:
 a. Nonstabilization
  b. Expansionary
 c. Nonintervention
  d. Fixed wage



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Galvarado142

  • Sr. Member
  • ****
  • Posts: 348
Answer to Question 1

a

Answer to Question 2

b




rayancarla1

  • Member
  • Posts: 571
Reply 2 on: Jun 30, 2018
Wow, this really help


DylanD1323

  • Member
  • Posts: 314
Reply 3 on: Yesterday
Gracias!

 

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

For a complete list of videos, visit our video library