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

Author Question: The Keynesian region of the aggregate supply curve represents an economy with: a. high unemployment ... (Read 121 times)

nmorano1

  • Hero Member
  • *****
  • Posts: 598
on: Jun 30, 2018
The Keynesian region of the aggregate supply curve represents an economy with:
 a. high unemployment and low inflation.
  b. low unemployment and low inflation.
  c. low unemployment and high inflation.
  d. high unemployment and high inflation.
  e. excess capacity but no unemployment or inflation.

Question 2

An increase in demand could be caused by
 a. a decrease in price.
 b. a decrease in income, assuming the good is inferior.
 c. buyers expecting the price of the good to fall in the near future.
  d. an increase in the price of a complement.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

karlss

  • Sr. Member
  • ****
  • Posts: 321
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

b


nmorano1

  • Hero Member
  • *****
  • Posts: 598
Reply #2 on: Jun 30, 2018
Thank you


karlss

  • Sr. Member
  • ****
  • Posts: 321
Reply #3 on: Jun 30, 2018
No problemo


« previous next »
 

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

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.

(b) Badlands region of southeastern Alberta, Canada. (b) Badlands region of southeastern Alberta, Canada.
PCR primers detect and amplify a specific genomic region PCR primers detect and amplify a specific genomic region
A typical ECT sensor temperature versus voltage curve. A typical ECT sensor temperature versus voltage curve.
Per capita consumption of power is high in the developed world and highest in the United States Per capita consumption of power is high in the developed world and highest in the United States
Who's Policing the Food Supply? Who's Policing the Food Supply?
A highway curve of radius 80 m is banked at 45°. Suppose that an ice storm hits, and the ... A highway curve of radius 80 m is banked at 45°. Suppose that an ice storm hits, and the ...
Video: Allergic Rhinitis

For a complete list of videos, visit our video library