« previous next »

Author Question: The flatter the aggregate supply curve, the less the amount of government spending necessary to ... (Read 59 times)

bobypop

  • Hero Member
  • *****
  • Posts: 539
on: Jun 30, 2018
The flatter the aggregate supply curve, the less the amount of government spending necessary to close a 1 billion GDP gap.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Which of the following is expected to happen if import restrictions are removed for a particular industry?
 a. Supply will increase
 b. Supply curve will shift to the left
  c. Demand curve will shift to the left
  d. Prices will increase


kkenney

  • Sr. Member
  • ****
  • Posts: 352
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

a


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

This graphic illustrates the original systems model of politics advanced by David Easton. Politics This graphic illustrates the original systems model of politics advanced by David Easton. Politics
A typical distillation curve. Heavier molecules evaporate at higher temperatures and contain more ... A typical distillation curve. Heavier molecules evaporate at higher temperatures and contain more ...
Hockey stick” curve Hockey stick” curve
Percentage of Americans Living in Communities with a Fluoridated Water Supply, by State. 2012 Percentage of Americans Living in Communities with a Fluoridated Water Supply, by State. 2012
Blood Supply to the Lungs Blood Supply to the Lungs
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: Introduction to Insulin

For a complete list of videos, visit our video library