ECO 102 Macroeconomics Unit 4 Challenge 1 and 2 Sophia Course

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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.)


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