Ask Question
31 March, 22:24

Looking at the globalized AS/AD model, the economy can exceed potential output without generating accelerating goods inflation because:

Select one:

a. the world price level puts a cap on the domestic price level.

b. the domestic price level always exceeds the world price level.

c. the world price level always exceeds the domestic price level.

d. the LRAS curve is no longer vertical.

+3
Answers (1)
  1. 1 April, 00:44
    0
    Ur answer should be C
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Looking at the globalized AS/AD model, the economy can exceed potential output without generating accelerating goods inflation because: ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers