« previous next »

Author Question: Refer to Figure 22-4. Suppose the per-worker production function in the figure above represents the ... (Read 167 times)

melly21297

  • Hero Member
  • *****
  • Posts: 565
on: Jun 29, 2018
Refer to Figure 22-4. Suppose the per-worker production function in the figure above represents the production function for the U.S. economy.
 
  If the United States decided to cut its support of university research in half, this would cause a movement from
  A) B to D. B) B to E. C) B to C. D) B to A.

Question 2

What is the main reason for changes in GDP in the short run?
 
  What will be an ideal response?


rleezy04

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

The main reason for changes in GDP in the short run is changes in the level of aggregate expenditure.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

melly21297

  • Hero Member
  • *****
  • Posts: 565
Reply #2 on: Jun 29, 2018
Thank you :)


rleezy04

  • Sr. Member
  • ****
  • Posts: 322
Reply #3 on: Jun 29, 2018
Happy to help you


« previous next »
 

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

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?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

The subunit structure and function of the ATP synthase The subunit structure and function of the ATP synthase
Pneumothorax. Figure illustrates how puncture of thoracic wall and tearing of pleural membrane allow Pneumothorax. Figure illustrates how puncture of thoracic wall and tearing of pleural membrane allow
How to find the indefinite integral of a function How to find the indefinite integral of a function
Testing motor function of cranial nerve VII - Puff cheeks Testing motor function of cranial nerve VII - Puff cheeks
Reciprocal function Reciprocal function
Consider the production function ( ) 0.5 0.5 Y = AK L . Suppose both saving rate (s) and the ... Consider the production function ( ) 0.5 0.5 Y = AK L . Suppose both saving rate (s) and the ...
Video: Hemodynamics Animation

For a complete list of videos, visit our video library