This topic contains a solution. Click here to go to the answer

Author Question: A tariff is the same as a quota. Indicate whether the statement is true or ... (Read 31 times)

burton19126

  • Hero Member
  • *****
  • Posts: 532
A tariff is the same as a quota.
 
  Indicate whether the statement is true or false

Question 2

When the price level rises from 110 to 115, the aggregate level of GDP supplied rises from 80 billion to 120 billion.
 
  This ________ relationship represents the ________ relationship between the quantity of real GDP firms are willing to supply and the price level.
  A) positive; short-run B) negative; short-run
  C) positive; long-run D) negative; long-run



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

SAUXC

  • Sr. Member
  • ****
  • Posts: 318
Answer to Question 1

FALSE

Answer to Question 2

A




burton19126

  • Member
  • Posts: 532
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)


amandanbreshears

  • Member
  • Posts: 320
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

For a complete list of videos, visit our video library