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

Author Question: Consider the above figure. At a price level of 150 A) total planned production exceeds total ... (Read 79 times)

s.tung

  • Hero Member
  • *****
  • Posts: 577
on: Jun 30, 2018
Consider the above figure. At a price level of 150
 
  A) total planned production exceeds total planned real expenditures.
  B) total planned real expenditures exceed total planned real production.
  C) the price level would rise.
  D) inventories of unsold goods decline.

Question 2

Which of the following statements has been proposed as a benefit of passive policy making?
 
  A) When using passive policy making there is no tradeoff between price stability and unemployment.
  B) Passive policy making allows for making immediate changes in response to an anticipated change in economic performance.
  C) Passive policy making utilizes the rational expectations hypothesis.
  D) Passive policy making does not wait for the time lag between recognition of a problem and policy action before engaging in economic policies to stabilize the economy.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

rachel

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

D


s.tung

  • Hero Member
  • *****
  • Posts: 577
Reply #2 on: Jun 30, 2018
Thank you :)


rachel

  • Sr. Member
  • ****
  • Posts: 323
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Phrases that Decrease Customer Service Level Phrases that Decrease Customer Service Level
Surface Fronts and Upper-Level Patterns: Cold Fronts and the Formation of Upper-Level Troughs Surface Fronts and Upper-Level Patterns: Cold Fronts and the Formation of Upper-Level Troughs
Conventional oil reserves have passed peak production Conventional oil reserves have passed peak production
The gap between the projected level of greenhouse gas emissions The gap between the projected level of greenhouse gas emissions
The net price of an article is $79.84. What is the list price if a discount of 23% was allowed? The net price of an article is $79.84. What is the list price if a discount of 23% was allowed?
Determination of the genotype of F2 plants by the production of F3 progeny Determination of the genotype of F2 plants by the production of F3 progeny
Video: Anatomy and Chemical Makeup of a Single Hair (Animation)

For a complete list of videos, visit our video library