Author Question: The actual price level is assumed to be constant along a given short-run aggregate supply curve. a. ... (Read 86 times)

tichca · **on:** Jun 30, 2018

The actual price level is assumed to be constant along a given short-run aggregate supply curve.
a. True
b. False
Indicate whether the statement is true or false

Question 2

The velocity of money increases with a _____, other things constant.
a. fall in the inflation rate
b. rise in the inflation rate
c. rise in the employment rate
d. fall in the exchange rate
e. rise in the real interest rate