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

Author Question: If the price level doubles, it will A) increase potential GDP. B) increase the quantity of ... (Read 134 times)

gbarreiro

  • Hero Member
  • *****
  • Posts: 566
on: Jun 29, 2018
If the price level doubles, it will
 
  A) increase potential GDP.
  B) increase the quantity of money.
  C) decrease the buying power of money.
  D) decrease potential GDP.
  E) have no effect on the buying power of money.

Question 2

An outside lag is
 
  A) a policy aimed at increasing GDP. B) a policy aimed at reducing GDP.
  C) a lag in implementing policy. D) the period of time it takes for policies to work.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

manuelcastillo

  • Sr. Member
  • ****
  • Posts: 304
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

D


gbarreiro

  • Hero Member
  • *****
  • Posts: 566
Reply #2 on: Jun 29, 2018
Thank you


manuelcastillo

  • Sr. Member
  • ****
  • Posts: 304
Reply #3 on: Jun 29, 2018
No problemo


« previous next »
 

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Energy Level Diagram of Hydrogen Energy Level Diagram of Hydrogen
Part A - Initiating an action potential Part A - Initiating an action potential
Different exposure codes for potential HIV infection. Different exposure codes for potential HIV infection.
Muscle structure seen at the EM level Muscle structure seen at the EM level
Increase in rainfall on continents Increase in rainfall on continents
Grade 1 math Adding doubles Grade 1 math Adding doubles
Video: Component of feedback systems & Communication and regulation of body systems

For a complete list of videos, visit our video library