This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If nominal GDP rises we can say that A) production has risen and prices remain constant. B) ... (Read 63 times)

shofmannx20

  • Hero Member
  • *****
  • Posts: 562
on: Jun 29, 2018
If nominal GDP rises we can say that
 
  A) production has risen and prices remain constant.
  B) prices have risen and production remains constant.
  C) production has fallen and prices have risen.
  D) production has risen or prices have risen or both have risen.

Question 2

Refer to Figure 26-7. Suppose the Fed sells Treasury Bills in pursuit of contractionary monetary policy. Using the static AD-AS model in the figure above, this situation would be depicted as a movement from
 
  A) B to C. B) C to B. C) B to D. D) C to D. E) A to B.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

gstein359

  • Sr. Member
  • ****
  • Posts: 293
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


shofmannx20

  • Hero Member
  • *****
  • Posts: 562
Reply #2 on: Jun 29, 2018
Correct answers!


gstein359

  • Sr. Member
  • ****
  • Posts: 293
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Cryptorchidism. (a) In complete cryptorchidism, the testes of a newborn have failed to descend into Cryptorchidism. (a) In complete cryptorchidism, the testes of a newborn have failed to descend into
Pair Production and Annihilation Pair Production and Annihilation
Production of monoclonal antibodies Production of monoclonal antibodies
Modern Predication of Peak in Global Oil Production Modern Predication of Peak in Global Oil Production
Complete the following production chart and plot the points. Complete the following production chart and plot the points.
A constant uniform magnetic field of 0.50 T is applied at right angles to the plane of a flat ... A constant uniform magnetic field of 0.50 T is applied at right angles to the plane of a flat ...
Video: Double Stranded DNA Molecule Animation

For a complete list of videos, visit our video library