Question

If supply-side policies succeed, less output is produced at every price level.

Answer 1

Answer:

1. false   2. true

Explanation:

Answer 2

Answer:

1 FASE

2 TRUE

Explanation:

The production of an economy occurs through the perspective of supply versus demand. Thus, producers will produce goods and services according to the demand for these goods and services. The price will be the vector of adjustments, so that in high demand situations, the price increases and the quantity produced increases. In low demand situations, the price falls and the quantity produced decreases. Therefore, the amount of production will vary more or less according to price variations. At a given moment, when the economy finds its equilibrium point, supply and demand are equal, that is, the quantity of goods and services produced will be identical to the quantity of goods and services demanded. Graphically, this occurs at the point where the aggregate supply and demand curve intersect.