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

Author Question: What is the best way to describe aggregate demand? A) quantity required to satisfy equilibrium ... (Read 94 times)

notis

  • Hero Member
  • *****
  • Posts: 596
on: Jun 30, 2018
What is the best way to describe aggregate demand?
 
  A) quantity required to satisfy equilibrium
  B) exports decrease; imports increase
  C) amount of a country's goods and services demanded by household and firms throughout the world
  D) individual's demand
  E) domestic demand of foreign imports.

Question 2

Refer to above figure. In the absence of trade, what is the country's producer surplus?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Mollythedog

  • Sr. Member
  • ****
  • Posts: 340
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

180


notis

  • Member
  • Posts: 596
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

mochi09

  • Member
  • Posts: 335
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

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?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

An Oil-dependent World— Supply and Demand Driven An Oil-dependent World— Supply and Demand Driven
Othmer’s Equilibrium Still Schematic Diagram Othmer’s Equilibrium Still Schematic Diagram
A demand delivery system uses a fuel-pressure regulator attached to the fuel pump assembly inside ... A demand delivery system uses a fuel-pressure regulator attached to the fuel pump assembly inside ...
Kinesthesis and Equilibrium with skating Kinesthesis and Equilibrium with skating
High school science classes are required to use deductive logic High school science classes are required to use deductive logic
One generation of random mating produces Hardy–Weinberg equilibrium One generation of random mating produces Hardy–Weinberg equilibrium
Video: Energy inputs and release in glycolysis Animation

For a complete list of videos, visit our video library