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Author Question: When spending by the federal government exceeds net taxes, _____. a. the price level tends to fall ... (Read 30 times)

lracut11

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on: Jun 30, 2018
When spending by the federal government exceeds net taxes, _____.
 a. the price level tends to fall
 b. the money supply must fall
 c. the aggregate demand curve shifts rightward
  d. aggregate supply moves rightward
 e. there is a federal budget surplus

Question 2

Each short-run average total cost curve is tangent at its lowest point to the long-run average cost curve.
 a. True
  b. False
  Indicate whether the statement is true or false


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aloop

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

c

Answer to Question 2

False


lracut11

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Reply 2 on: Jun 30, 2018
:D TYSM

emsimon14

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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