It is relatively easy to prescribe a cure for financial crises that result from inconsistent macroeconomic policies

Indicate whether the statement is true or false

TRUE

Economics

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A technological advance ________ the long-run aggregate supply curve and ________ the short-run aggregate supply curve

A) shifts; shifts B) shifts; does not shift C) does not shift; shifts D) does not shift; does not shift

Economics

In the current debate over fiscal policy, advocates of returning to significant budget surpluses

A) contended that the economic miracle of the late 1990s caused the budget surpluses. B) think that tax cuts will benefit the wealthy. C) believe that tax cuts will continue the dependence of the United States on borrowing from foreigners. D) All of the above.

Economics