Which of these does not hold true if an economy is simultaneously in long-run and short-run equilibrium?
a. The actual price level equals the expected price level.
b. Aggregate quantity supplied equals potential output.
c. Aggregate quantity demanded equals potential output.
d. Aggregate quantity supplied equals aggregate quantity demanded.
e. Aggregate demand curve is horizontal at the potential output level.
Question 2
As a result of an expansionary monetary policy:
a. both aggregate expenditure and aggregate demand increase.
b. both aggregate expenditure and aggregate demand decrease.
c. aggregate expenditure increases and aggregate demand decreases.
d. aggregate expenditure decreases and aggregate demand increases.
e. aggregate expenditure remains unchanged; aggregate demand increases.
Bururi long-fingered frog (Cardioglossa cyaneospila)
The Long Valley Caldera Erupted the Bishop Ash 760,000 Years Ago
The shoulder (or upright) hold.
Endochondral ossification of long bone.
Ayurvedic massage. Long sweeping stroke from foot around shoulder and down the arm, recipient prone.
Answer the following short answer, please show your steps and include the formulas used