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 25 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
Gracias!


smrtceo

  • Member
  • Posts: 344
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

For a complete list of videos, visit our video library