can you tell me if these answers are correct? they are true/false. 6) increases in AS reduce the rate of unemployment until you reach Qfe. -true 7) the AS curve becomes vertical at full employment because the economy has reached the limits of its PPC -tru 7) In the classical view, high levels of unemployment would be relatively brief as wages fell and employers could afford to hire workers back at less cost. -true

can you tell me if these answers are correct? they are true/false. 6) increases in AS reduce the rate of unemployment until you reach Qfe. -true 7) the AS curve becomes vertical at full employment because the economy has reached the limits of its PPC -tru 7) In the classical view, high levels of unemployment would be relatively brief as wages fell and employers could afford to hire workers back at less cost. -true

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter15: Fiscal Policy

Section: Chapter Questions

Problem 10SQP

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