Economists who asset that the AS curve is vertical believe that changes in Real GDP originate only on the _____________of the economy; so government policy that is intended to impact the ____________________ of the economy will change only ______________,not ________________.

Question

Quizplus · Accepted Answer

Economists who believe the AS curve is vertical argue that Real GDP is determined by the supply side (factors like technology and resources), and demand-side policies only affect prices, not Real GDP.

Economists Who Asset That the AS Curve Is Vertical Believe