Author Question: A tradeoff is illustrated by A) a point inside the PPF. B) a point outside the PPF. C) a change ... (Read 54 times)

Chelseaamend

  • Hero Member
  • *****
  • Posts: 545
A tradeoff is illustrated by
 
  A) a point inside the PPF.
  B) a point outside the PPF.
  C) a change in the slope of the PPF.
  D) the negative slope of the PPF.

Question 2

There are several reasons why the aggregate demand curve is downward sloping. Which of the following CORRECTLY describes one of these explanations?
 
  A) A rise in the price level raises the purchasing power wealth and increases desired consumption.
  B) A rise in the price level raises interest rates and increases investment spending.
  C) A fall in the price level, holding foreign prices and the exchange rate constant, increases net exports.
  D) A rise in the price level lowers the interest rate and increases investment spending.



blazinlyss

  • Sr. Member
  • ****
  • Posts: 333
Answer to Question 1

D

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

For a complete list of videos, visit our video library