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

Author Question: A decrease in the general price level is associated with an upward shift in the aggregate ... (Read 86 times)

Jramos095

  • Hero Member
  • *****
  • Posts: 528
on: Jun 30, 2018
A decrease in the general price level is associated with an upward shift in the aggregate expenditures function.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

If an increase in the price of Good X causes a decrease in the demand for Good Y, we can conclude that:
 a. Goods X and Y are complements.
  b. Goods X and Y are substitutes.
 c. Goods X and Y are normal goods.
  d. the price of Good Y will increase.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

lin77x

  • Sr. Member
  • ****
  • Posts: 326
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

a


Jramos095

  • Member
  • Posts: 528
Reply 2 on: Jun 30, 2018
Excellent

6ana001

  • Member
  • Posts: 311
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

The general pattern of progression of an untreated HIV infection The general pattern of progression of an untreated HIV infection
Urinometer. In this procedure, a urine sample and urinometer are placed within a tube, and the liqui Urinometer. In this procedure, a urine sample and urinometer are placed within a tube, and the liqui
Amino acids in general acid-base catalysis Amino acids in general acid-base catalysis
Mobilize neck in wavelike motion. Return the head to a neutral position facing upward. Apply ... Mobilize neck in wavelike motion. Return the head to a neutral position facing upward. Apply ...
General, Organic, and Biological Chemistry, 3rd edition General, Organic, and Biological Chemistry, 3rd edition
The quaternary level of protein structure as seen in hemoglobin The quaternary level of protein structure as seen in hemoglobin
Video: Bone Healing Animation

For a complete list of videos, visit our video library