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

Author Question: Which of the following explains why the aggregate demand curve is downward sloping? A) the open ... (Read 83 times)

theo

  • Hero Member
  • *****
  • Posts: 698
on: Jun 30, 2018
Which of the following explains why the aggregate demand curve is downward sloping?
 
  A) the open economy effect B) the real-balance effect
  C) the interest rate effect D) all of the above

Question 2

According to the above table, if real Gross Domestic Product (GDP) equals 30,000, what is the average propensity to consume?
 
  A) 0.75 B) 0.67 C) 0.8 D) 0.87


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

frejo

  • Sr. Member
  • ****
  • Posts: 349
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

D


theo

  • Member
  • Posts: 698
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

AISCAMPING

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

(A) Closed (or simple) fracture and (B) open (or compound) fracture. (A) Closed (or simple) fracture and (B) open (or compound) fracture.
An Inverted U Curve An Inverted U Curve
Valves in veins open to permit blood flow, close to prevent backflow. Valves in veins open to permit blood flow, close to prevent backflow.
A typical distillation curve. Heavier molecules evaporate at higher temperatures and contain more ... A typical distillation curve. Heavier molecules evaporate at higher temperatures and contain more ...
The default position for the throttle plate is in slightly open position. The servomotor then is ... The default position for the throttle plate is in slightly open position. The servomotor then is ...
The demand for oil can be reduced significantly with the introduction of new higher vehicle mileage The demand for oil can be reduced significantly with the introduction of new higher vehicle mileage
Video: Glycolysis - and oxygen

For a complete list of videos, visit our video library