Solved

In the Long Run, Aggregate Demand Is _ for Determining

Question 8

Multiple Choice

In the long run, aggregate demand is _ for determining real GDP, and the paradox of thrift .


A) stable and important; applies
B) not important; applies
C) not important; does not apply
D) the most important influence; does not apply
E) the only influence; applies

Correct Answer:

verifed

Verified

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

Related Questions

Q3: If the short- run macroeconomic equilibrium occurs

Q4: Which of the following statements about fiscal

Q5: An economy may not quickly and automatically

Q6: A common assumption among macroeconomists is that

Q7: A reduction in the net tax rate

Q9: Consider a simple macro model with demand-

Q10: The Phillips curve describes the relationship between<br>A)inflation

Q11: Following any AD or AS shock, economists

Q12: Which of the following statements about output

Q13: A recessionary output gap implies that<br>A)there is