Author Question: Changes in the expected future price level: a. Shifts the short run aggregate supply curve upward. ... (Read 208 times)

ETearle

  • Hero Member
  • *****
  • Posts: 580
Changes in the expected future price level:
 a. Shifts the short run aggregate supply curve upward.
 b. Shift the long run aggregate supply curve to the right.
 c. Shift short run aggregate supply curves upward and long run aggregate supply curves to the right.
  d. Do none of the above

Question 2

Wealth is considered to be a nonincome determinant of consumption.
 a. True
  b. False
  Indicate whether the statement is true or false



ririgirl15

  • Sr. Member
  • ****
  • Posts: 385
Answer to Question 1

b

Answer to Question 2

True



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

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?

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.

For a complete list of videos, visit our video library