Author Question: GDP provides substantial information about an economy's income distribution. a. True b. False ... (Read 55 times)

justinmsk · **on:** Jun 30, 2018

GDP provides substantial information about an economy's income distribution.
a. True
b. False
Indicate whether the statement is true or false

Question 2

Gradual adjustment of prices and wages to an increase in the aggregate demand curve implies that the aggregate supply curve is:
a. horizontal.
b. vertical.
c. upward sloping but not vertical.
d. downward sloping.