If an economy is growing, but experiences no inflation, this means
a. aggregate demand increased, but aggregate supply did not.
b. aggregate supply decreased, but aggregate demand did not.
c. aggregate demand and aggregate supply increased by the same amount.
d. aggregate demand and aggregate supply decreased by the same amount.
c
Economics
You might also like to view...
The "Four Tigers" of East Asia are the newly industrialized countries of Taiwan, South Korea, Hong Kong, and:
a. Japan. b. Singapore. c. the Philippines. d. Vietnam.
Economics
Suppose the American Medical Association announces that men who shave their heads are less likely to die of heart failure. We could expect the current demand for
a. hair gel to increase. b. razors to increase. c. combs to increase. d. shampoo to increase.
Economics