Re: Gokhale sample paper 3 discussion
Posted by
Anjali on
Jun 07, 2014; 1:00pm
URL: http://discussion-forum.276.s1.nabble.com/Gokhale-sample-paper-3-discussion-tp7591759p7591800.html
Sandeep , see if long run equilibrium is given to us , government spending will shift AD upwards , prices will rise and because of vertical AS curve the output remains constant. So government spending is ineffective . Humsee ye thodi pucha hai ki policy effective hai ya nahi , humse to bas outcomes involved in mechanism puche hain .
"Once you eliminate the impossible, whatever remains, no matter how improbable, must be the truth."