« previous next »

Author Question: Cyclical unemployment in an economy will be zero when: a. there is an expansionary gap in the ... (Read 122 times)

mspears3

  • Hero Member
  • *****
  • Posts: 586
on: Jun 30, 2018
Cyclical unemployment in an economy will be zero when:
 a. there is an expansionary gap in the economy.
 b. the economy is producing its natural rate of output.
 c. there is a recessionary gap in the economy.
 d. the actual price level is equal to the expected price level in the economy.
  e. the actual price level exceeds the expected price level in the economy.

Question 2

Which of the following changes will shift the money demand rightward?
 a. An increase in the price level
 b. A decrease in real GDP
 c. A decrease in the nominal interest rate
 d. An increase in the nominal interest rate
 e. A decrease in the price level


DylanD1323

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

a


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?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Table 6.1 illustrates the main regime types and their differences. It breaks the regimes into four Table 6.1 illustrates the main regime types and their differences. It breaks the regimes into four
Major trunk lines carrying long-distance traffic crisscrossed the area east of the Mississippi. The Major trunk lines carrying long-distance traffic crisscrossed the area east of the Mississippi. The
Unemployment and Federal Action, 1929–1941 Unemployment and Federal Action, 1929–1941
Migration and Global Economy Migration and Global Economy
A Tough Economy ...for students A Tough Economy ...for students
Consider a two-period economy with no investment opportunities: first and second period output ... Consider a two-period economy with no investment opportunities: first and second period output ...
Video: Types of Shock (Part 2 of 2)

For a complete list of videos, visit our video library