This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In the classical model, a rightward shift in the aggregate demand curve will, in the long run, A) ... (Read 93 times)

olgavictoria

  • Hero Member
  • *****
  • Posts: 528
on: Jun 29, 2018
In the classical model, a rightward shift in the aggregate demand curve will, in the long run,
 
  A) increase real GDP and the price level.
  B) increase real GDP and will not change the price level.
  C) decrease real GDP and will not change the price level.
  D) not change real GDP and will increase the price level.

Question 2

Which of the following is NOT a characteristic of oligopoly firms?
 
  A) strategic dependence
  B) product differentiation
  C) non-price competition, such as advertising and promotions
  D) perfectly elastic demand curves


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

diana chang

  • Sr. Member
  • ****
  • Posts: 288
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

D


olgavictoria

  • Member
  • Posts: 528
Reply 2 on: Jun 29, 2018
Excellent

kjohnson

  • Member
  • Posts: 330
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

A space-filling model of the DNA double helix A space-filling model of the DNA double helix
Model Organism Neurospora Model Organism Neurospora
A sigmoid (cooperative) binding curve A sigmoid (cooperative) binding curve
Critical Thinking Model Critical Thinking Model
Three-dimensional model of DNA. Three-dimensional model of DNA.
Video: Steps of glucose catabolism

For a complete list of videos, visit our video library