Author Question: Gross domestic product (GDP) is a satisfactory measure of both economic goods and bads. a. True b. ... (Read 12 times)

nramada · **on:** Jun 30, 2018

Gross domestic product (GDP) is a satisfactory measure of both economic goods and bads.
a. True
b. False
Indicate whether the statement is true or false

Question 2

Assuming prices and wages are fully flexible, the aggregate supply curve will be:
a. upward sloping, but not vertical.
b. vertical.
c. horizontal.
d. downward sloping.