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trea48 trea48
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4 years ago

Question 1.

Potential output is the same as long-run aggregate supply.



▸ true

▸ false

Question 2.

An increase in government spending will completely crowd out investment if



▸ money supply is increased at the same time.

▸ money demand is not sensitive to the interest rate.

▸ the economy is operating at capacity.

▸ the economy is operating well below capacity.
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
Read 66 times
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Lori734Lori734
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#1
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4 years ago
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trea48 Author
wrote...

4 years ago
Helped a lot
kriggs62
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
jakechambo3
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2 hours ago
This helped my grade so much Perfect
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