« previous next »

Author Question: When there is a shift the aggregate supply curve caused by factors external to a nation's economy, ... (Read 60 times)

kamilo84

  • Sr. Member
  • ****
  • Posts: 495
on: Jun 30, 2018
When there is a shift the aggregate supply curve caused by factors external to a nation's economy, it is called
 
  A) government control. B) an economic anomaly.
  C) a supply shock. D) a trade imbalance.

Question 2

Lesley buys 6 cappuccinos per week when her income is 900 per week and buys 8 cappuccinos per week when her income is 1100 per week. For Lesley, cappuccinos are a(n) ________ good.
 
  A) normal B) luxury C) inferior D) essential E) substitute
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
Buy Test-Bank


Sophiapenny

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

A theoretical photosynthetic response curve. A theoretical photosynthetic response curve.
External acoustic meatus External acoustic meatus
New Yorkers flee from the dust caused by the collapse of the twin towers of the World Trade Center f New Yorkers flee from the dust caused by the collapse of the twin towers of the World Trade Center f
Titration curve for aspartic acid Titration curve for aspartic acid
How to horizontally shift a sinusoidal function (y=a*sin⁡b(x−c)+d) How to horizontally shift a sinusoidal function (y=a*sin⁡b(x−c)+d)
Environmental and Lifestyle Factors of Weight Gain Environmental and Lifestyle Factors of Weight Gain
Video: The Krebs Cycle Animation

For a complete list of videos, visit our video library