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Author Question: If the aggregate supply curve shifts leftward, then _____. a. the price level increases and output ... (Read 81 times)

cdr_15

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on: Jun 30, 2018
If the aggregate supply curve shifts leftward, then _____.
 a. the price level increases and output increases
 b. the resulting increase in the price level is usually called cost-push inflation
 c. the resulting increase in the price level is usually called demand-pull inflation
  d. the price level increases as long as the aggregate demand curve shifts rightward
  e. the price level decreases and output increases

Question 2

The distribution of income in developed countries is less egalitarian than less developed countries.
 a. True
  b. False
  Indicate whether the statement is true or false


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Dnite

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

False


cdr_15

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Reply 2 on: Jun 30, 2018
Gracias!

amit

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Reply 3 on: Yesterday
:D TYSM

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