Author Question: People expect that the El Nio effect will cause drought in Australia in coming years. If most ... (Read 138 times)

awywial

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People expect that the El Nio effect will cause drought in Australia in coming years. If most Australian firms expect their profits will fall during the next five years, Australia's ________ this year.
 
  A) aggregate demand will increase
  B) long-run aggregate supply will increase
  C) aggregate demand will decrease
  D) short-run aggregate supply will increase

Question 2

A tariff is a tax that is imposed by the ________ country when an ________ good crosses its international boundary.
 
  A) exporting; imported
  B) importing; exported
  C) exporting; exported
  D) importing; imported



shoemake

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Answer to Question 1

C

Answer to Question 2

D



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shoemake

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