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Author Question: In the above figure, the distance between points T and U represents A) an expansion. B) a ... (Read 33 times)

ssal

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on: Jun 29, 2018
In the above figure, the distance between points T and U represents
 
  A) an expansion.
  B) a trough.
  C) a peak.
  D) a recession.

Question 2

The aggregate demand curve shows that, if other factors are held constant, the higher the price level, the
 
  A) greater the quantity of real GDP demanded.
  B) smaller the quantity of real GDP demanded.
  C) larger consumption expenditure.
  D) None of the above answers is correct.


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Andromeda18

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

A

Answer to Question 2

B


ssal

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

ttt030911

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Reply 3 on: Yesterday
Gracias!

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