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Author Question: Refer to Figure 27-11. In the graph above, the shift from AD1 to AD2 represents the total change in ... (Read 62 times)

jparksx

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on: Jun 29, 2018
Refer to Figure 27-11. In the graph above, the shift from AD1 to AD2 represents the total change in aggregate demand. If government purchases increased by 50 billion, then the distance from point A to point B ________ 50 billion.
 
  A) may be greater than or less than B) would be less than
  C) would be greater than D) would be equal to

Question 2

Refer to Figure 28-9. Fed Chairman Paul Volcker's response to the ________ of the late 1970s is depicted in the figure above as a movement from C to D to A.
 
  A) appreciation of the dollar B) high inflation
  C) high unemployment D) deflation


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atrochim

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


jparksx

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Reply 2 on: Jun 29, 2018
:D TYSM

kalskdjl1212

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Reply 3 on: Yesterday
Gracias!

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