1-The business cycle can be shown in the aggregate supply? / aggregate demand model by
A. movements in the LRAS curve.
B. either movements in the SRAS or the LRAS curves.
C. movements in the SRAS curve.
D. neither movements in the SRAS nor the LRAS curve.
2-Problems related to fiscal policy may include
A.greater inflation.
B.more economic growth.
C.changing interest rates may not impact AD.
D.All of these.
3-Economic growth is shown in the aggregate supply? / aggregate demand model by
A.neither the SRAS nor the LRAS curve shifting to the right.
B.either the SRAS or the LRAS curve shifting to the right.
C.the SRAS curve shifting to the right.
D.the LRAS curve shifting to the right.