Solved

A New Government Program Reduces the Cost of a College

Question 74

Multiple Choice

A new government program reduces the cost of a college education at public universities by 50 percent.In the long run,this can be expected to ________ long-run aggregate supply and ________ aggregate demand.


A) increase; have no effect on
B) decrease; increase
C) decrease; decrease
D) increase; increase
E) have no effect on; have no effect on

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions