Author Question: The downward slope of the aggregate demand curve shows that A) a higher price level will cause ... (Read 101 times)

stevenposner

  • Hero Member
  • *****
  • Posts: 608
The downward slope of the aggregate demand curve shows that
 
  A) a higher price level will cause planned purchase rates for final goods and services to be higher.
  B) an increase in aggregate demand reduces the long-run aggregate supply.
  C) a lower price level will cause planned purchase rates for final goods and services to be higher.
  D) an increase in aggregate demand increases the long-run aggregate supply.

Question 2

If the average propensity to consume is 0.8, then the average propensity to save is
 
  A) 0. B) 0.2. C) 0.8. D) 1.



Loise Hard

  • Sr. Member
  • ****
  • Posts: 340
Answer to Question 1

C

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

For a complete list of videos, visit our video library