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Author Question: If the long-run aggregate supply curve is vertical, fiscal policy will have no effect on output. (Read 119 times)

Kthamas

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on: Apr 19, 2019

Question 1

If the economy is on the steep part of the aggregate supply curve, the output multiplier is close to zero.


◦ true
◦ false

Question 2

If the long-run aggregate supply curve is vertical, fiscal policy will have no effect on output.


◦ true
◦ false
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by Kthamas on Apr 19, 2019

ryansturges

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Kthamas

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Reply #2 on: Apr 19, 2019
TY


ryansturges

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Reply #3 on: Apr 19, 2019
You're welcome


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