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Author Question: Changes in which of the following shifts the aggregate supply curve? i. the price level ii. the ... (Read 65 times)

audragclark

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on: Jun 29, 2018
Changes in which of the following shifts the aggregate supply curve?
 
  i. the price level
  ii. the money wage rate
  iii. potential GDP
  A) i only B) ii only C) iii only D) ii and iii E) i, ii, and iii

Question 2

On a graph of the consumption function, where the consumption function is below the 45 degree line, there is
 
  A) zero disposable income.
  B) saving.
  C) maximum disposable income.
  D) no induced consumption.
  E) dissaving.


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fraziera112

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


audragclark

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Reply 2 on: Jun 29, 2018
Excellent

fatboyy09

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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