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Author Question: The above table gives data on two variables. If these data were graphed, their relationship would ... (Read 86 times)

nautica902

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on: Jun 29, 2018
The above table gives data on two variables. If these data were graphed, their relationship would
 
  A) be a straight line.
  B) be a curved line.
  C) show a negative relationship.
  D) nonexistent.

Question 2

Give examples of factors that decrease aggregate demand. Which way does the aggregate demand curve shift?
 
  What will be an ideal response?


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Zebsrer

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

A

Answer to Question 2

Anything that decreases aggregate spending decreases aggregate demand. A rise in the interest rate, a decrease in the quantity of money, a decrease in government expenditure, a tax hike, a rise in the exchange rate, and a decrease in real GDP in the rest of the world all decrease aggregate demand. The aggregate demand curve shifts leftward.


nautica902

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

Chelseyj.hasty

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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