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

Author Question: Those who favor a passive approach to policy often argue that changes in prices and wages will shift ... (Read 81 times)

robinn137

  • Hero Member
  • *****
  • Posts: 544
Those who favor a passive approach to policy often argue that changes in prices and wages will shift the:
 a. short-run aggregate supply curve before active policy shifts the aggregate demand curve.
 b. short-run aggregate supply curve only after active policy shifts the aggregate demand curve.
  c. short-run aggregate supply curve more than active policy shifts the aggregate demand curve.
  d. short-run aggregate supply curve less than active policy shifts the aggregate demand curve.
 e. short-run aggregate supply curve in a direction opposite the shift in the aggregate demand curve

Question 2

The _____ lag is typically longer for fiscal policy than monetary policy.
 a. supply
 b. cyclical
 c. effectiveness
 d. implementation
  e. recognition



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

carojassy25

  • Sr. Member
  • ****
  • Posts: 299
Answer to Question 1

a

Answer to Question 2

d




robinn137

  • Member
  • Posts: 544
Reply 2 on: Jun 30, 2018
Gracias!


31809pancho

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

For a complete list of videos, visit our video library