Author Question: The general shape of the short-run aggregate supply curve is: a. upward sloping. b. downward ... (Read 41 times)

lracut11

  • Hero Member
  • *****
  • Posts: 536
The general shape of the short-run aggregate supply curve is:
 a. upward sloping.
 b. downward sloping.
  c. vertical.
 d. horizontal.

Question 2

Everything else constant, the international trade effect indicates that aggregate expenditures in the domestic economy fall when:
 a. domestic prices fall relative to foreign prices.
  b. domestic interest rates fall relative to foreign interest rates.
  c. domestic prices rise relative to foreign prices.
  d. domestic purchasing power rises relative to foreign purchasing power.
  e. domestic interest rates rise relative to foreign interest rates.



JYan

  • Sr. Member
  • ****
  • Posts: 331
Answer to Question 1

a

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

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).

For a complete list of videos, visit our video library