« previous next »

Author Question: A decrease in the expected future price level: a. Shifts both SRAS and LRAS to the left. b. Shifts ... (Read 91 times)

james9437

  • Hero Member
  • *****
  • Posts: 568
on: Jun 30, 2018
A decrease in the expected future price level:
 a. Shifts both SRAS and LRAS to the left.
 b. Shifts both SRAS and LRAS to the right.
 c. Shifts SRAS left but leaves LRAS unchanged.
  d. Shifts SRAS right but leaves LRAS unchanged.

Question 2

Ceteris paribus, a decline in the general price level in the United States will make foreign-produced goods relatively more expensive to the U.S. residents and increase the aggregate demand of domestic goods.
 a. True
  b. False
  Indicate whether the statement is true or false


brbarasa

  • Sr. Member
  • ****
  • Posts: 308
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

True


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Lung Fissures, Left Lateral View Lung Fissures, Left Lateral View
Sea Level during the Last Glaciation Sea Level during the Last Glaciation
A visual inspection on this battery showed that the electrolyte level was below the plates in all ... A visual inspection on this battery showed that the electrolyte level was below the plates in all ...
A series of two PET scans. A scan was done when the volunteer’s eyes were either open (left) or ... A series of two PET scans. A scan was done when the volunteer’s eyes were either open (left) or ...
Brain metabolism in a schizophrenic individual (left) and a normal individual (right). These scans o Brain metabolism in a schizophrenic individual (left) and a normal individual (right). These scans o
Video: Insulin (glucose uptake by body cells), glycogenesis and lipogenesis

For a complete list of videos, visit our video library