Because the Fed increased the money supply after the recession in the early 1990s, the
a. AD curve shifted to the left
b. economy returned to equilibrium GDP at a price level that was lower than the original price level
c. price level continued to increase after the recession ended
d. price level fell back to its original level
e. long-run equilibrium GDP decreased
C
Economics
You might also like to view...
_________ tend to think about others and are less interested in self. They seek outside opinions
a. Introverts b. Extroverts c. Experts d. None of the above is correct
Economics
The type of advertising that is used to induce a consumer to discover a previously unknown taste for an item is known as
A) informational advertising. B) persuasive advertising. C) false advertising. D) experience advertising.
Economics