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

Author Question: If the price level falls as real GDP decreases, the multiplier effects of any given change in ... (Read 60 times)

Sportsfan2111

  • Hero Member
  • *****
  • Posts: 585
on: Jun 30, 2018
If the price level falls as real GDP decreases, the multiplier effects of any given change in aggregate expenditures are smaller than they would be if the price level remained constant.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

If bad weather destroyed half of the current coffee crop, ceteris paribus, it would:
 a. increase the demand for coffee.
  b. decrease the demand for coffee.
  c. increase the demand for tea.
 d. decrease the demand for tea.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

anoriega3

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

c


Sportsfan2111

  • Member
  • Posts: 585
Reply 2 on: Jun 30, 2018
:D TYSM

patma1981

  • Member
  • Posts: 292
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Common sites of amputation. (A) Upper extremities. (B) Lower extremities. The surgeon determines th Common sites of amputation. (A) Upper extremities. (B) Lower extremities. The surgeon determines th
drug effects at synapses drug effects at synapses
Shy children often have a high arousal level in novel social situations. Over time, parents can help ... Shy children often have a high arousal level in novel social situations. Over time, parents can help ...
Ancient Climate Change Ancient Climate Change
The ability of a community to cope, adapt to, and mitigate the accelerating impact of climate change The ability of a community to cope, adapt to, and mitigate the accelerating impact of climate change
Climate change is an important vector for human diseases Climate change is an important vector for human diseases
Video: Chronology of leptin research (A history of leptin research)

For a complete list of videos, visit our video library