« previous next »

Author Question: Given aggregate demand, a decrease in aggregate supply creates: a. a higher price level and a ... (Read 159 times)

Engineer

  • Hero Member
  • *****
  • Posts: 527
on: Jun 30, 2018
Given aggregate demand, a decrease in aggregate supply creates:
 a. a higher price level and a higher GDP level.
  b. a lower price level and a higher GDP level.
  c. cost-push inflation.
  d. demand-pull inflation.

Question 2

The stock of money people hold to pay everyday predictable expenses is the:
 a. transactions demand for holding money.
  b. precautionary demand for holding money.
  c. speculative demand for holding money.
  d. store of value demand for holding money.


kmb352

  • Sr. Member
  • ****
  • Posts: 319
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

a


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Potency and efficacy: (a) drug A has a higher potency than drug B; (b) drug A has a higher efficacy Potency and efficacy: (a) drug A has a higher potency than drug B; (b) drug A has a higher efficacy
The tarsier is a haplorhine, and may represent an evolutionary bridge between lower and higher prima The tarsier is a haplorhine, and may represent an evolutionary bridge between lower and higher prima
Many ideologies stem from older theories. The ideas of the philosophers are simplified. Ideologies Many ideologies stem from older theories. The ideas of the philosophers are simplified. Ideologies
United States, southwestern and southern states are suffer from a significant decrease in rainfall United States, southwestern and southern states are suffer from a significant decrease in rainfall
Blood Supply to the Lungs Blood Supply to the Lungs
Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ... Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ...
Video: Neurosynapse Animation

For a complete list of videos, visit our video library