Author Question: Fiscal policy focuses on manipulating _____. a. aggregate demand to smooth out business ... (Read 71 times)

eruditmonkey@yahoo.com

  • Hero Member
  • *****
  • Posts: 546
Fiscal policy focuses on manipulating _____.
 a. aggregate demand to smooth out business fluctuations
 b. aggregate supply to smooth out business fluctuations
 c. both aggregate supply and aggregate demand to smooth out business fluctuations
 d. aggregate demand to stimulate the economy and aggregate supply to contract it
 e. short-run aggregate supply to stimulate the economy and aggregate demand to contract it

Question 2

Constant returns to scale cause the long-run average cost curve to be:
 a. horizontal.
  b. vertical.
  c. upward-sloping.
  d. downward-sloping.



nothere

  • Sr. Member
  • ****
  • Posts: 324
Answer to Question 1

a

Answer to Question 2

a



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

For a complete list of videos, visit our video library