In the classical range of the aggregate supply curve, greater spending for consumer and investment goods results in:

A. stagflation.
B. more unemployment.
C. greater output.
D. a higher price level.


Answer: D

Economics

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An increase in the quantity of money supplied shifts the money supply curve to the ________, and the equilibrium interest rate ________, everything else held constant

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Which of the following is true about the Taylor principle?

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Economics