« previous next »

Author Question: In general, an increase in price could be caused by either: a. an increase in demand or a decrease ... (Read 72 times)

rosent76

  • Hero Member
  • *****
  • Posts: 516
on: Jun 30, 2018
In general, an increase in price could be caused by either:
 a. an increase in demand or a decrease in supply.
  b. an increase in demand or an increase in supply.
  c. a decrease in demand or an increase in supply.
  d. an increase in demand or an increase in supply.

Question 2

Which of the following helps explain how the multiplier and crowding-out effect impact the size of the shift in aggregate demand from a tax change.
 a. Tax cuts stimulate consumer spending, earnings and profits rise, which further stimulates consumer spendingthe multiplier effect.
  b. The higher income leads to an increase in the demand for money, which tends to lead to higher interest rates.
  c. The higher interest rates make borrowing more costly and reduce investment spendingthe crowding-out effect.
  d. All of the above


sarajane1989

  • Sr. Member
  • ****
  • Posts: 296
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

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?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Thinning of eggshells caused by DDT. Thinning of eggshells caused by DDT.
Results from sequential study of two cohorts tested at three ages and at three different points in t Results from sequential study of two cohorts tested at three ages and at three different points in t
General Andrew Jackson, on the horse, exhorts his men to throw back the advancing British; they succ General Andrew Jackson, on the horse, exhorts his men to throw back the advancing British; they succ
The explosion of the Maine in Havana harbor, killing 260 men, caused much speculation in the newspap The explosion of the Maine in Havana harbor, killing 260 men, caused much speculation in the newspap
Abnormalities Caused by Cardiac Pathology Abnormalities Caused by Cardiac Pathology
United States, southwestern and southern states are suffer from a significant decrease in rainfall United States, southwestern and southern states are suffer from a significant decrease in rainfall
Video: Passive Smoke Exposure

For a complete list of videos, visit our video library