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

Author Question: In the short run, an increase in the price level: a. increases output prices relative to input ... (Read 112 times)

SGallaher96

  • Hero Member
  • *****
  • Posts: 509
on: Jun 30, 2018
In the short run, an increase in the price level:
 a. increases output prices relative to input prices.
  b. increases the profit margins of many producers.
  c. increases RGDP supplied.
 d. all of the above

Question 2

Suppose the multiplier effect for Japan is 0.8 for any 1 billion change in U.S. government purchases. Therefore, Japanese real GDP will rise by 8 billion when U.S. government spending rises by 10 billion.
 a. True
  b. False
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

C.mcnichol98

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

True


SGallaher96

  • Hero Member
  • *****
  • Posts: 509
Reply #2 on: Jun 30, 2018
Thank you :)


C.mcnichol98

  • Sr. Member
  • ****
  • Posts: 314
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

(a) The relative age ranges of different dating techniques depend upon the half-life of the system u (a) The relative age ranges of different dating techniques depend upon the half-life of the system u
Stratigraphic section of the Fayum shows the relative age of early anthropoid fossils. Stratigraphic section of the Fayum shows the relative age of early anthropoid fossils.
Surface Fronts and Upper-Level Patterns: Cold Fronts and the Formation of Upper-Level Troughs Surface Fronts and Upper-Level Patterns: Cold Fronts and the Formation of Upper-Level Troughs
How to reflect the quadratic function relative to the x-axis How to reflect the quadratic function relative to the x-axis
Increase in Obesity among U.S. Children and Adolescents Increase in Obesity among U.S. Children and Adolescents
Factors that Increase Cardiac Output Factors that Increase Cardiac Output
Video: The Nerve Impulse

For a complete list of videos, visit our video library