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Author Question: If government purchases increase and net taxes decrease, _____. a. the price level will fall b. ... (Read 72 times)

erika

  • Hero Member
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  • Posts: 522
on: Jun 30, 2018
If government purchases increase and net taxes decrease, _____.
 a. the price level will fall
 b. money supply must rise
 c. the aggregate demand curve shifts leftward
  d. aggregate supply shifts rightward
 e. output and employment will increase

Question 2

Economies of scale exist over all ranges of output for which short-run average total cost exceeds long-run average cost.
 a. True
  b. False
  Indicate whether the statement is true or false


snackralk

  • Sr. Member
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  • Posts: 363
Reply #1 on: Jun 30, 2018
Answer to Question 1

e

Answer to Question 2

False


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