« previous next »

Author Question: Which of the following could explain why there is an increase in potential GDP but the equilibrium ... (Read 32 times)

meagbuch

  • Hero Member
  • *****
  • Posts: 568
on: Jun 29, 2018
Which of the following could explain why there is an increase in potential GDP but the equilibrium level of GDP falls?
 
  A) AD did not shift and SRAS shifted to the left. B) AD shifted to the right by less than SRAS.
  C) SRAS shifted to the right by more than LRAS. D) AD shifted to the right by more than SRAS.

Question 2

Refer to Figure 29-1. Italians cut back on smoking and cut their demand for American cigarettes in half. Assuming all else remains constant, this would be represented as a movement from
 
  A) A to D. B) D to C. C) B to C. D) B to A.


Kaytorgator

  • Sr. Member
  • ****
  • Posts: 345
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

The resting membrane potential. The resting membrane potential.
Please fully explain in detail Please fully explain in detail
What would be the appropriate equilibrium temperature of a system obtained by adding 25.0 g of ... What would be the appropriate equilibrium temperature of a system obtained by adding 25.0 g of ...
Predicted polypeptide sequences translated from potential ORFs in the human TUBA3C gene Predicted polypeptide sequences translated from potential ORFs in the human TUBA3C gene
A melting profile shows the increase in UV absorption versus temperature A melting profile shows the increase in UV absorption versus temperature
Propagation of an action potential Propagation of an action potential
Video: Virtual Tour of the Eye Animation

For a complete list of videos, visit our video library