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Author Question: People expect that the El Nio effect will cause drought in Australia in coming years. If most ... (Read 157 times)

awywial

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

C

Answer to Question 2

D


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awywial

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Reply #2 on: Jun 29, 2018
Correct answers!


shoemake

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Reply #3 on: Jun 29, 2018
Great! Please up vote :D


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