« previous next »

Author Question: An increase in oil prices will shift the aggregate: a. demand curve leftward. b. demand curve ... (Read 105 times)

bucstennis@aim.com

  • Hero Member
  • *****
  • Posts: 532
on: Jun 30, 2018
An increase in oil prices will shift the aggregate:
 a. demand curve leftward.
  b. demand curve rightward.
  c. supply curve leftward.
  d. supply curve rightward.

Question 2

The precautionary demand for money:
 a. varies inversely with the income level.
  b. varies inversely with the price level.
  c. is used as an insurance agent against unexpected needs.
  d. states that nominal income must exceed real income.
  e. is a classical concept in monetary theory.


jordangronback

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

c


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

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?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

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?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Prices in Japan before and after Opening to Trade Prices in Japan before and after Opening to Trade
The horizontal phase shift of the resultant graph is The horizontal phase shift of the resultant graph is
How high a hill would a 75-kg hiker have to climb to increase her gravitational potential ... How high a hill would a 75-kg hiker have to climb to increase her gravitational potential ...
Suppose a country imports televisions. The country's supply and demand curves are shown in ... Suppose a country imports televisions. The country's supply and demand curves are shown in ...
Your company advertises all prices on the menu board as a final price, including HST of 13%. A ... Your company advertises all prices on the menu board as a final price, including HST of 13%. A ...
Aggregate Fruits: Strawberry Aggregate Fruits: Strawberry
Video: Prone Position

For a complete list of videos, visit our video library