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

Author Question: If the supply of good A is perfectly elastic, a decrease in demand will: a. reduce the equilibrium ... (Read 79 times)

appyboo

  • Hero Member
  • *****
  • Posts: 527
on: Jun 30, 2018
If the supply of good A is perfectly elastic, a decrease in demand will:
 a. reduce the equilibrium quantity traded, but leave the price unchanged.
  b. reduce the equilibrium quantity traded, and reduce the price.
 c. reduce the equilibrium price, but leave the quantity traded unchanged.
  d. reduce the equilibrium price traded, but increase the quantity traded.

Question 2

Starting at full employment (RGDPNR),
 a. expansionary monetary policy can potentially result in increased real output, but only in the short run.
 b. expansionary monetary policy can potentially result in increased real output in both the short run and long run.
  c. contractionary monetary policy can potentially result in increased real output, but only in the short run.
 d. contractionary monetary policy can potentially result in increased real output in both the short run and long run.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

katara

  • Sr. Member
  • ****
  • Posts: 305
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

a


appyboo

  • Member
  • Posts: 527
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

bdobbins

  • Member
  • Posts: 326
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

good to eat good to eat
When teenagers live in single-parent homes, a good relationship with grandparents is related to ... When teenagers live in single-parent homes, a good relationship with grandparents is related to ...
Pill organizers can help reduce confusion and ensure that medications are taken at the appropriate ... Pill organizers can help reduce confusion and ensure that medications are taken at the appropriate ...
Almonds and other nuts are also good sources of protein Almonds and other nuts are also good sources of protein
Kinesthesis and Equilibrium Kinesthesis and Equilibrium
The dissociation equilibrium constants for the protonated form of alanine (a diprotic amino ... The dissociation equilibrium constants for the protonated form of alanine (a diprotic amino ...
Video: Magnetic resonance imaging (MRI)

For a complete list of videos, visit our video library