This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: For each one dollar increase in real GDP, aggregate planned expenditure A) increases by less than ... (Read 65 times)

a0266361136

  • Hero Member
  • *****
  • Posts: 538
on: Jun 29, 2018
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


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

wtf444

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

D


a0266361136

  • Member
  • Posts: 538
Reply 2 on: Jun 29, 2018
Excellent

at

  • Member
  • Posts: 359
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Species richness increases with island size. Species richness increases with island size.
When using forearm pressure on the top of the shoulder, push with your back foot to increase your ... When using forearm pressure on the top of the shoulder, push with your back foot to increase your ...
Enterohepatic recirculation of a drug can increase its half-life in the body and prolong its ... Enterohepatic recirculation of a drug can increase its half-life in the body and prolong its ...
Increase in Surface Area by Mechanical Weathering Increase in Surface Area by Mechanical Weathering
Beak size in finches during dry years increases because of strong selection Beak size in finches during dry years increases because of strong selection
A melting profile shows the increase in UV absorption versus temperature A melting profile shows the increase in UV absorption versus temperature
Video: Conduction of action potentials

For a complete list of videos, visit our video library