Answer: NEOCLASSICAL zone
Explanation:
The Neoclassical Zone is a zone which is located on the near-vertical side of the short run aggregate supply curve(SRAS). It is located on the far right side, where the short range supply curve is relatively sharp.
Therefore from the question suppose a government adopts a stimulus program that increases aggregate demand. If overall output increases only slightly but there is a sudden rise in inflation, then the economy was in the NEOCLASSICAL zone before the stimulus program was put into effect. Group of answer choices
The answer is b) because the definition for aggregate is a whole formed by combining several elements
Answer:
The correct answer is: D
Explanation:
Weighing options is to think, in a very careful way,about possibilities or choices. At this stage he is choosing between the two alternatives by figuring out the pluses and minuses of the situation. It this case, it is a criteria for evaluating and examing how the dilemma will affect Graydon's life in short and long-term safety consequences.
