3) True or False – use graphs to justify your answer. a. In the long-run, prices,...

3) True or False – use graphs to justify your answer.

a. In the long-run, prices, output and interest rates always return to the same value.

b. Fiscal policy cannot affect investment in the long-run because output always returns to its natural level.

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Expert Solution

Rahul Sunny answered 1 year ago

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