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

Author Question: When potential GDP increases, _______. A. aggregate demand increases B. aggregate supply ... (Read 138 times)

Hungry!

  • Hero Member
  • *****
  • Posts: 1,071
on: Jun 29, 2018
When potential GDP increases, _______.
 
  A. aggregate demand increases
  B. aggregate supply increases
  C. both aggregate demand and aggregate supply increase
  D. the price level rises

Question 2

Refer to Table 2-3. Assume Dina's Diner only produces sliders and hot wings. A combination of 80 sliders and 100 hot wings would appear
 
  A) along Dina's production possibilities frontier.
  B) inside Dina's production possibilities frontier.
  C) outside Dina's production possibilities frontier.
  D) at the vertical intercept of Dina's production possibilities frontier.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ndhahbi

  • Sr. Member
  • ****
  • Posts: 390
Reply #1 on: Jun 29, 2018
Answer to Question 1

B As Figure 19.2 in the text shows, an increase in potential GDP increases aggregate supply.

Answer to Question 2

A


Hungry!

  • Hero Member
  • *****
  • Posts: 1,071
Reply #2 on: Jun 29, 2018
Correct answers!


ndhahbi

  • Sr. Member
  • ****
  • Posts: 390
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Effect of stimulus strength on size of graded potential. Effect of stimulus strength on size of graded potential.
Neuronal action potential. Neuronal action potential.
The growing demand for electrical power, carbon sequestration and storage must be a priority The growing demand for electrical power, carbon sequestration and storage must be a priority
An antique painting is purchased in 1980 for $995. The value increases by 3.1% e An antique painting is purchased in 1980 for $995. The value increases by 3.1% e
Beak size in finches during dry years increases because of strong selection Beak size in finches during dry years increases because of strong selection
Propagation of an action potential Propagation of an action potential
Video: Virtual Tour of the Heart

For a complete list of videos, visit our video library