« previous next »

Author Question: If government purchases increase and net taxes decrease, _____. a. the price level will fall b. ... (Read 70 times)

erika

  • Hero Member
  • *****
  • Posts: 522
on: Jun 30, 2018
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
Reply #1 on: Jun 30, 2018
Answer to Question 1

e

Answer to Question 2

False


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Common sites of amputation. (A) Upper extremities. (B) Lower extremities. The surgeon determines th Common sites of amputation. (A) Upper extremities. (B) Lower extremities. The surgeon determines th
Urinometer. In this procedure, a urine sample and urinometer are placed within a tube, and the liqui Urinometer. In this procedure, a urine sample and urinometer are placed within a tube, and the liqui
Risks of infectious disease increase in (a) high-density agricultural populations compared to (b) lo Risks of infectious disease increase in (a) high-density agricultural populations compared to (b) lo
This graphic illustrates the original systems model of politics advanced by David Easton. Politics This graphic illustrates the original systems model of politics advanced by David Easton. Politics
Higher-Level Thinking Skills Used in Massage Therapy Higher-Level Thinking Skills Used in Massage Therapy
Hearing level comparison amongst workers Hearing level comparison amongst workers
Video: Ionic bonds - role of ions in the body

For a complete list of videos, visit our video library