A decrease in aggregate expenditure has what result on equilibrium GDP?
A) Equilibrium GDP falls.
B) Equilibrium GDP rises.
C) Equilibrium GDP is not affected by a decrease in aggregate expenditure.
D) Equilibrium GDP may rise or fall depending on the size of the decrease in aggregate expenditure relative to the initial level of GDP.
Question 2
Refer to Figure 27-7. Given that the economy has moved from A to B in the graph above, which of the following would be the appropriate fiscal policy to achieve potential GDP?
A) increase government spending B) contractionary fiscal policy
C) increase taxes D) decrease interest rates
Compression Occurs in vertebrae subjected to extreme stresses, as when one falls and lands on his or
SDS PAGE Result
Chemical equilibrium and the law of mass action.
As a result of the pressure gradient in the following picture, what happens to transpiration?
Write equilibrium constant expressions for the following reactions in terms of concentration:
Hardy–Weinberg Equilibrium Genotype Frequencies for Three Alleles of a Gene