This topic contains a solution. Click here to go to the answer

Author Question: The long-run aggregate supply curve shifts right at the same time as A) the Laffer curve shifts ... (Read 81 times)

michelleunicorn

  • Hero Member
  • *****
  • Posts: 565
The long-run aggregate supply curve shifts right at the same time as
 
  A) the Laffer curve shifts upward.
  B) the production possibilities curve shifts inward.
  C) the production possibilities curve shifts outward.
  D) the inflation rate increases.

Question 2

Which of the following is NOT a simplifying assumption in the simple Keynesian model?
 
  A) There is no foreign trade.
  B) Net investment and gross investment are equal.
  C) All profits are distributed to the business owners.
  D) Real disposable income equals government purchases of goods and services.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

manuelcastillo

  • Sr. Member
  • ****
  • Posts: 304
Answer to Question 1

C

Answer to Question 2

D




michelleunicorn

  • Member
  • Posts: 565
Reply 2 on: Jun 30, 2018
:D TYSM


amynguyen1221

  • Member
  • Posts: 355
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

For a complete list of videos, visit our video library