A Positive Shock to Spending Will Shift the Aggregate Demand

question 229

True/False

A positive shock to spending will shift the aggregate demand curve to the right and increase output in the short run,but not in the long run.

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A way of writing the equation of a line as y = mx + b, where m is the slope and b is the y-intercept.

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The measure of the steepness or incline of a line, calculated as the ratio of the vertical change to the horizontal change between two points on the line.

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