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Title: If equilibria below potential output are self-correcting, the economy will spend a great deal of ... Post by: Lighting2551 on Apr 28, 2019 Question 1. If wages quickly adjust to price changes, the aggregate supply curve quickly becomes vertical. ▸ true ▸ false Question 2. If equilibria below potential output are self-correcting, the economy will spend a great deal of time on the horizontal part of the aggregate supply curve. ▸ true ▸ false Title: If equilibria below potential output are self-correcting, the economy will spend a great deal of ... Post by: Gparker on Apr 28, 2019 Content hidden
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