The steeper the short-run aggregate supply curve, _____

a. the steeper the aggregate demand curve
b. the larger the value of the spending multiplier
c. the larger the budget surplus
d. the larger the impact of a shift in aggregate demand on the equilibrium price level
e. the larger the impact of a shift in aggregate demand on the equilibrium output level

d

Economics

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The index most widely used by the government and the private sector to measure changes in the cost of living is the

A) Consumer Price Index. B) Producer Price Index. C) the chain-weighted price index. D) the GDP deflator.

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Monopolization is a process by which the government restricts the growth of monopoly firms

a. True b. False Indicate whether the statement is true or false

Economics