Author Question: A decrease in aggregate supply will cause the price level to: a. rise and GDP to fall. b. rise and ... (Read 157 times)

809779

  • Hero Member
  • *****
  • Posts: 579
A decrease in aggregate supply will cause the price level to:
 a. rise and GDP to fall.
  b. rise and GDP to rise.
  c. rise and the unemployment rate to fall.
  d. fall and GDP to rise.
  e. fall and the unemployment rate to rise.

Question 2

The speculative demand for money is the stock of money that people hold to:
 a. pay their predictable, everyday expenses.
  b. pay for any unexpected expenses that may occur.
  c. buy stocks, bonds, and other financial assets.
  d. buy the foreign currencies needed to purchase imports.



Galvarado142

  • Sr. Member
  • ****
  • Posts: 348
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?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

For a complete list of videos, visit our video library