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

Author Question: In the short run, an increase in aggregate demand A) lowers the price level and decreases real ... (Read 111 times)

melly21297

  • Hero Member
  • *****
  • Posts: 565
on: Jun 29, 2018
In the short run, an increase in aggregate demand
 
  A) lowers the price level and decreases real GDP.
  B) lowers the price level and increases real GDP.
  C) raises the price level and increases real GDP.
  D) raises the price level and decreases real GDP.

Question 2

In the above figure, a sales tax of 1 per unit imposed on sellers shifts the
 
  A) demand curve rightward.
  B) supply curve leftward.
  C) demand curve leftward.
  D) supply curve rightward.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jlaineee

  • Sr. Member
  • ****
  • Posts: 380
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


melly21297

  • Member
  • Posts: 565
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

nyrave

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

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

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?

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.

An example of genetic homology: a comparison of a short amino acid sequence within the p53 protein f An example of genetic homology: a comparison of a short amino acid sequence within the p53 protein f
Primary production increases with an increase in total phosphorus concentration. Primary production increases with an increase in total phosphorus concentration.
The age-related increase in spirituality is different for two cohorts born seven years apart. The ... The age-related increase in spirituality is different for two cohorts born seven years apart. The ...
Contact theory indicates that prejudice decreases and relations improve when individuals of ... Contact theory indicates that prejudice decreases and relations improve when individuals of ...
Are reality shows “real”? Does the media tell the “truth”? Are reality shows “real”? Does the media tell the “truth”?
Kyoto Protocol encourages industry to innovate and reduce the level of emissions Kyoto Protocol encourages industry to innovate and reduce the level of emissions
Video: Introduction to Pre-eclampsia

For a complete list of videos, visit our video library