« previous next »

Author Question: Economists use general equilibrium models of an economy to explain A) consumption levels. B) ... (Read 98 times)

nummyann

  • Hero Member
  • *****
  • Posts: 576
on: Jun 30, 2018
Economists use general equilibrium models of an economy to explain
 
  A) consumption levels.
  B) production levels.
  C) relative prices.
  D) All of the above.

Question 2

If a currency rapidly depreciates, what are the possible negative results to the economy of using contractionary monetary policy to address the depreciation?
 
  What will be an ideal response?


Expo

  • Sr. Member
  • ****
  • Posts: 351
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

National income falls and perhaps the economy goes into a recession.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Three Models for DNA Replication Three Models for DNA Replication
Amino acids in general acid-base catalysis Amino acids in general acid-base catalysis
A general hospital A general hospital
U.S. Energy Consumption U.S. Energy Consumption
Please fully explain in detail Please fully explain in detail
Nursing Care Plan Process: Client with High Blood Lipid Levels Nursing Care Plan Process: Client with High Blood Lipid Levels
Video: Factors that affect conduction rates (myelination, axon diameter & temperature)

For a complete list of videos, visit our video library