Author Question: If government purchases increase and net taxes decrease, _____. a. the price level will fall b. ... (Read 89 times)

erika

  • Hero Member
  • *****
  • Posts: 522
If government purchases increase and net taxes decrease, _____.
 a. the price level will fall
 b. money supply must rise
 c. the aggregate demand curve shifts leftward
  d. aggregate supply shifts rightward
 e. output and employment will increase

Question 2

Economies of scale exist over all ranges of output for which short-run average total cost exceeds long-run average cost.
 a. True
  b. False
  Indicate whether the statement is true or false



snackralk

  • Sr. Member
  • ****
  • Posts: 363
Answer to Question 1

e

Answer to Question 2

False



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

For a complete list of videos, visit our video library