Author Question: Refer to Figure 15-4. In the figure above, a movement from point A to point B would be caused by ... (Read 89 times)

TVarnum · **on:** Jun 29, 2018

Refer to Figure 15-4. In the figure above, a movement from point A to point B would be caused by

A) an increase in the interest rate. B) a decrease in the price level.
C) a decrease in real GDP. D) an increase in the price level.

Question 2

Which of the following accurately describes growth rates in the United States from 1900 to the present?

A) Growth rates have risen continuously from 1900 to the present.
B) Growth rates rose until the 1970s, slowed until the 1990s, rose again until 2005, and then slowed again to the present.
C) Growth rates rose until the 1970s and then fell until the present.
D) Growth rates have fallen continuously from 1900 to the present.