ECO 102 Macroeconomics Unit 4 Challenge 1 and 2 Sophia Course Click below link for Answers https://www.sobtell.com/q/tutorial/default/206964-eco-102-macroeconomics-unit-4-challenge-1and-2-so https://www.sobtell.com/q/tutorial/default/206964-eco-102-macroeconomics-unit-4-challenge-1and-2-so
Unit 4 Challenge 1 and 2 Challenge 1 Using the graph, which of the following statements is true?
a.)
Public policy should be aimed at increasing AD.
b.)
Level of output can be sustained indefinitely.
c.)
Prices will decrease until the cycle reaches equilibrium.
d.)
The economy could correct itself naturally through prices rising. Using the graph, which of the following statements is true?
a.)
On the business cycle, this graph would be near a peak.
b.)
The economy is fully employed.
c.)
Producers are using resources faster than they're being replaced.
d.)