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

Author Question: The position of the long-run aggregate supply curve corresponds to the economy's: a. ... (Read 42 times)

serike

  • Hero Member
  • *****
  • Posts: 542
on: Jun 30, 2018
The position of the long-run aggregate supply curve corresponds to the economy's:
 a. full-employment real GDP.
 b. maximum possible level of employment.
 c. natural level of personal consumption expenditure.
  d. maximum possible level of personal consumption expenditures.
  e. maximum possible price level.

Question 2

A bank that has 10,000 in excess reserves can extend new loans up to a maximum of:
 a. 1,000.
  b. 9,000.
  c. 10,000.
  d. 100,000.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

cegalasso

  • Sr. Member
  • ****
  • Posts: 295
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

c


serike

  • Member
  • Posts: 542
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

mochi09

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

The anatomical position: standing erect, gazing straight ahead, arms down at sides, palms facing for The anatomical position: standing erect, gazing straight ahead, arms down at sides, palms facing for
the comet Encke riding along its pebbly trail of debris (long diagonal line) between the orbits of M the comet Encke riding along its pebbly trail of debris (long diagonal line) between the orbits of M
The air flowing into the engine can be directed through long or short runners for best performance ... The air flowing into the engine can be directed through long or short runners for best performance ...
Long-term Potentiation in the granule cell layer of the rat hippocampal dentate gyrus. (Traces ... Long-term Potentiation in the granule cell layer of the rat hippocampal dentate gyrus. (Traces ...
North America and the Global Economy North America and the Global Economy
Long division for polynomials Long division for polynomials
Video: The 4 steps of translation Animation

For a complete list of videos, visit our video library