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vellojo vellojo
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Posts: 2982
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7 years ago
Because the short-run aggregate expenditure model assumes that the price level is ________, its predicted effect of changes in autonomous expenditure on equilibrium output is ________ than the prediction of the AD/SAS model.
A) flexible; less
B) flexible; greater
C) fixed; greater
D) fixed; less
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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Studying economics @ Edinburgh U
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ukraniaukrania
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Posts: 1046
7 years ago
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vellojo Author
wrote...
7 years ago
Thank you for this

Comes at the right time too!

Good luck on your exams
Studying economics @ Edinburgh U
wrote...
7 years ago
Thanks Upwards Arrow
Dream it. Person Raising Both Hands in Celebration
Wish it. Person Raising Both Hands in Celebration
Do it. Person Raising Both Hands in Celebration
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