« previous next »

Author Question: The short-run aggregate supply curve shows a(n): a. direct relationship between the expected price ... (Read 98 times)

lbcchick

  • Hero Member
  • *****
  • Posts: 550
on: Jun 30, 2018
The short-run aggregate supply curve shows a(n):
 a. direct relationship between the expected price level and nominal GDP supplied.
  b. inverse relationship between the actual price level and real GDP supplied.
 c. direct relationship between the actual price level and nominal GDP supplied.
  d. direct relationship between the actual price level and real GDP supplied.
 e. inverse relationship between the expected price level and real GDP supplied.

Question 2

In the money market, an increase in money supply will:
 a. increase the demand for money at each interest rate.
 b. decrease the demand for money at each interest rate.
 c. encourage people to exchange money for interest-bearing assets.
  d. encourage people to exchange interest-bearing assets for money.
  e. increase the interest rate.


Qarqy

  • Sr. Member
  • ****
  • Posts: 313
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

c


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Past and Future Use of Aggregate Past and Future Use of Aggregate
Meta-analysis of 18 studies shows that aerobic exercise causes better performance in older adults on Meta-analysis of 18 studies shows that aerobic exercise causes better performance in older adults on
Relationship Between Training Intensity and VO2max Improvement Relationship Between Training Intensity and VO2max Improvement
Drug tolerance: A shift in the dose-response curve to the right as a result of exposure to the drug. Drug tolerance: A shift in the dose-response curve to the right as a result of exposure to the drug.
Marginal Supply - Demand Curve Marginal Supply - Demand Curve
A 1000-kg car is slowly picking up speed as it goes around a horizontal unbanked curve whose ... A 1000-kg car is slowly picking up speed as it goes around a horizontal unbanked curve whose ...
Video: Control of ventilation rate by other brain centers (posts, hypothalamus & cerebral cortex)

For a complete list of videos, visit our video library