For each one dollar increase in real GDP, aggregate planned ...

[a0266361136]

For each one dollar increase in real GDP, aggregate planned expenditure
 
  A) increases by less than a dollar.
  B) increases only if autonomous expenditure increases.
  C) increases by one dollar.
  D) increases by more than a dollar.
  E) is unaffected.

Question 2

Suppose chickens and beef cattle are produced by different companies on different sites.
 
  If bad weather causes an increase in the price of hay, a food eaten by beef cattle but not by chickens, the equilibrium price of beef will ________, and the equilibrium price of chicken will ________.
  A) stay the same; increase
  B) increase; decrease
  C) decrease; increase
  D) increase; increase
  E) decrease; decrease

[wtf444]

Answer to Question 1

A

Answer to Question 2

D

[a0266361136]

Excellent

[bdobbins]

Gracias!