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

Author Question: At the equilibrium price, the quantity of the good that buyers are willing and able to buy a. is ... (Read 66 times)

RYAN BANYAN

  • Hero Member
  • *****
  • Posts: 563
on: Jun 30, 2018
At the equilibrium price, the quantity of the good that buyers are willing and able to buy
 a. is greater than the quantity that sellers are willing and able to sell.
  b. exactly equals the quantity that sellers are willing and able to sell.
  c. is less than the quantity that sellers are willing and able to sell.
  d. there is no scarcity.

Question 2

For an economy in equilibrium, the Keynesian model suggests that the plot of aggregate expenditure against RGDP:
 a. is a vertical line.
 b. has slope lesser than 1.
  c. has slope equal to 1.
 d. is a horizontal line.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

LegendaryAnswers

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

c


RYAN BANYAN

  • Member
  • Posts: 563
Reply 2 on: Jun 30, 2018
Excellent

parshano

  • Member
  • Posts: 333
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Humburger is a good source of niacin , vitamin B6 and pantothenic acid Humburger is a good source of niacin , vitamin B6 and pantothenic acid
Politics, Power and the Common Good: An Introduction to Political Science, 5/E Politics, Power and the Common Good: An Introduction to Political Science, 5/E
Most Canadian seniors rated their health as good to excellent. Most Canadian seniors rated their health as good to excellent.
Refer to Scenario 3.1. If the price of potato chips is $0.50 and the price of Cola is $4.00, ... Refer to Scenario 3.1. If the price of potato chips is $0.50 and the price of Cola is $4.00, ...
Write the acidic equilibrium equation for HC₆H₅O. Write the acidic equilibrium equation for HC₆H₅O.
The Hardy–Weinberg Equilibrium The Hardy–Weinberg Equilibrium
Video: Haustral churning, Gastrocolic reflex and mass peristalsis & Defecation

For a complete list of videos, visit our video library