Using the aggregate demand- aggregate supply model, an increase in government spending...
What will be an ideal response?
increases both real GDP and the price level
Economics
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The relationship between the unemployment rate and the natural unemployment rate is that the unemployment rate
A) fluctuates about the natural rate. B) equals the natural rate. C) is always below the natural rate. D) is always above the natural rate.
Economics
To see how variables evolve over time we use
A) a scatter graph. B) an evolution plot. C) a cross-section plot. D) a time-series graph.
Economics