Author Question: If prices are sticky A) prices will quickly adjust to changes in demand. B) economic activity ... (Read 142 times)

lracut11

  • Hero Member
  • *****
  • Posts: 536
If prices are sticky
 
  A) prices will quickly adjust to changes in demand.
  B) economic activity will not be coordinated efficiently.
  C) quantity supplied will always equal quantity demand.
  D) economic activity will be coordinated efficiently.

Question 2

Which of the following is likely to happen if the annualized growth rate of money supply increases while real GDP remains unchanged?
 
  A) The unemployment rate will rise. B) The nominal GDP will fall.
  C) The inflation rate will fall. D) The inflation rate will rise.



djofnc

  • Sr. Member
  • ****
  • Posts: 318
Answer to Question 1

B

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

For a complete list of videos, visit our video library