Author Question: If autonomous imports increase, then the aggregate expenditure curve shifts ________ and equilibrium ... (Read 77 times)

jazziefee

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If autonomous imports increase, then the aggregate expenditure curve shifts ________ and equilibrium real GDP ________.
 
  A) upward; increases
  B) downward; does not change
  C) downward; increases
  D) upward; decreases
  E) downward; decreases

Question 2

High inflation makes money ________ because ________.
 
  A) function better as a store of value; it leads to a more accurate allocation of resources
  B) function less well as a store of value; the money loses value and therefore has less purchasing power
  C) function better as a store of value; the money gains value and therefore has greater purchasing power
  D) function better as a unit of account; money never loses value but it does gain purchasing power in some regions
  E) function less well as a store of value; it decreases the price level and increases the buying power of money



djofnc

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Answer to Question 1

E

Answer to Question 2

B



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