This topic contains a solution. Click here to go to the answer

Author Question: The point at which real GDP reaches a maximum during a business cycle is called the: a. peak. b. ... (Read 81 times)

Shelles

  • Hero Member
  • *****
  • Posts: 582
The point at which real GDP reaches a maximum during a business cycle is called the:
 a. peak.
  b. recession.
  c. recovery.
  d. trough.

Question 2

Lower taxes on businesses will shift the aggregate:
 a. demand curve rightward.
  b. demand curve leftward.
  c. supply curve rightward.
  d. supply curve leftward.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Jsherida

  • Sr. Member
  • ****
  • Posts: 314
Answer to Question 1

a

Answer to Question 2

c




Shelles

  • Member
  • Posts: 582
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


miss_1456@hotmail.com

  • Member
  • Posts: 289
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

For a complete list of videos, visit our video library