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Introduction to Economics 2
Introduction to Economics 2 Deneme Sınavı
Introduction to Economics 2 Deneme Sınavı Sorusu #755342
Introduction to Economics 2 Deneme Sınavı Sorusu #755342
Which of the following is creation of the expansionary policy when the economy is operating in a region where the aggregate supply curve is steeper?
|
Great increase in production level |
|
Small increase in production level |
|
Small increase in price level |
|
No changes in price level |
|
No changes in production level |
Yanıt Açıklaması:
if the economy is operating in a region where the aggregate supply curve is steeper, such as point B, an expansionary policy creates a small increase in production, while it causes a larger increase in the general price level.
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