TRUE OR FALSE
a. When potential real GDP is equal to actual real GDP, there is no
unemployment.
b. A significant increase in wages will shift aggregate supply
curve to the right in the short run.
c. When the government decided to reduce their spending, then the
aggregate supply curve will decrease or shift to the left in the
short run.
d. If the central Bank wants to expand aggregate demand, it can
increase the money supply, which would increase...