Classical economists believe that when the aggregate supply curve is horizontal, monetary policy and fiscal policy will have no effect on real output.

Answer the following statement true (T) or false (F)

False

Economics

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When a collective action problem exists, the government often has the ability to direct behaviors in ways that make society better off

Indicate whether the statement is true or false

Economics

Recent evidence suggests that output per worker is

A) positively related to both the rate of investment and to the rate of population growth. B) positively related to the rate of investment and negatively related to the rate of population growth. C) negatively related to the rate of investment and positively related to the rate of population growth. D) negatively related to both the rate of investment and to the rate of population growth.

Economics