« previous next »

Author Question: If a good has a perfectly inelastic short-run supply curve, an increase in demand will: a. increase ... (Read 125 times)

vinney12

  • Hero Member
  • *****
  • Posts: 586
on: Jun 30, 2018
If a good has a perfectly inelastic short-run supply curve, an increase in demand will:
 a. increase the price and quantity exchanged in the short run.
 b. increase the price and but leave the quantity exchanged the same in the short run.
  c. increase the quantity exchanged but leave the price the same in the short run.
  d. leave both price and quantity exchanged the same in the short run.

Question 2

When Fed policy is being used to offset an inflationary gap, which of interest rates, investment, net exports and aggregate demand moves in the opposite direction from the others?
 a. Aggregate demand.
  b. Investment.
 c. Net Exports.
 d. Interest rates.


kjohnson

  • Sr. Member
  • ****
  • Posts: 330
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

vinney12

  • Hero Member
  • *****
  • Posts: 586
Reply #2 on: Jun 30, 2018
Thank you


kjohnson

  • Sr. Member
  • ****
  • Posts: 330
Reply #3 on: Jun 30, 2018
No problemo


« previous next »
 

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

IPCC Temperature Increase Predictions Relative to 1986-2005 IPCC Temperature Increase Predictions Relative to 1986-2005
Compression used to increase circulation when the athlete is clothed. Compression used to increase circulation when the athlete is clothed.
A dose-response curve describes the relationship between the quantity of the chemical entering the ... A dose-response curve describes the relationship between the quantity of the chemical entering the ...
Short-wavelength flux is reflected by Earth Short-wavelength flux is reflected by Earth
potatoes as a very good source of vitamin B6 potatoes as a very good source of vitamin B6
Suppose a country imports televisions. The country's supply and demand curves are shown in ... Suppose a country imports televisions. The country's supply and demand curves are shown in ...
Video: Hormonal regulation of blood pressure - RAA system

For a complete list of videos, visit our video library