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Author Question: When the price level ________, equilibrium expenditure ________ and the quantity of real GDP ... (Read 119 times)

newyorker26

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When the price level ________, equilibrium expenditure ________ and the quantity of real GDP demanded ________.
 
  A) rises; decreases; increases
  B) rises; increases; increases
  C) rises; increases; decreases
  D) falls; increases; decreases
  E) falls; increases; increases

Question 2

At the beginning of a recession, the expenditure multiplier
 
  A) offsets the initial cut in autonomous expenditure and slows the recession.
  B) has no effect on the recession.
  C) offsets the initial cut in autonomous expenditure and reverses the recession.
  D) reinforces the initial cut in autonomous expenditure and reverses the recession.
  E) reinforces the initial cut in autonomous expenditure and adds force to the recession.



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maaaaaaaaaa

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Answer to Question 1

E

Answer to Question 2

E




newyorker26

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Reply 2 on: Jun 29, 2018
:D TYSM


okolip

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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