2. Indicate whether the following statements are true or false:
a) The position of the AD curve depends on the nominal money supply, government spending G.
b) Full employment is obtained when the unemployment rate is zero.
c) The expansionary fiscal policy in the classical model mainly leads to an increase in prices, while output increases only by a negligible amount.
d) The short-run aggregate supply curve is built on the assumption that the price level is fixed.
e) Technological advances cause both the ASLR and ASSR curves to shift to the right.
f) The short-run aggregate supply curve tends to be relatively flat at low output levels because demand for consumption is inelastic with prices at low output levels.
