Author Question: If autonomous imports increase, then the aggregate expenditure curve shifts ________ and equilibrium ... (Read 73 times)

jazziefee

  • Hero Member
  • *****
  • Posts: 505
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

  • Sr. Member
  • ****
  • Posts: 318
Answer to Question 1

E

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

For a complete list of videos, visit our video library