× Didn't find what you were looking for? Ask a question
Top Posters
Since Sunday
5
o
5
4
m
4
b
4
x
4
a
4
l
4
t
4
S
4
m
3
s
3
New Topic  
mikemey mikemey
wrote...
Posts: 1
Rep: 0 0
7 years ago
If weak aggregate demand is pushing the economy into recession, which of the following must be true?
      
a.The economy is at an equilibrium that is on the long-run aggregate supply curve.
      
b.The economy is at an equilibrium that is on the long-run Phillips curve.
      
c. The economy is at an equilibrium that is not on the long-run Phillips curve.

d. Contractionary monetary policies will push the economy back to the long-run Phillips curve.
Read 543 times

Related Topics

New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  939 People Browsing
Related Images
  
 854
  
 701
  
 220
Your Opinion
What's your favorite coffee beverage?
Votes: 274