Author Question: Contractionary monetary policy causes A) aggregate demand to fall and the price level to rise. ... (Read 131 times)

elizabeth18

  • Hero Member
  • *****
  • Posts: 559
Contractionary monetary policy causes
 
  A) aggregate demand to fall and the price level to rise.
  B) aggregate demand to rise and the price level to rise.
  C) aggregate demand to rise and the price level to fall.
  D) aggregate demand to fall and the price level to fall.

Question 2

Suppose your expenses for this term are as follows:
 
  tuition: 5,000, room and board: 3,000, books and other educational supplies: 500. Further, during the term, you can only work part-time and earn 4,000 instead of your full-time salary of 10,000. What is the opportunity cost of going to college this term, assuming that your room and board expenses would be the same even if you did not go to college?
  A) 5,500 B) 8,500 C) 11,500 D) 14,500



31809pancho

  • Sr. Member
  • ****
  • Posts: 317
Answer to Question 1

D

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

For a complete list of videos, visit our video library