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Author Question: Inga's graph of her budget line has apples per week on the vertical axis and loaves of bread per ... (Read 98 times)

saliriagwu

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Inga's graph of her budget line has apples per week on the vertical axis and loaves of bread per week on the horizontal. A fall in the price of an apple shifts the
 
  A) horizontal intercept leftward.
  B) horizontal intercept rightward.
  C) vertical intercept downward.
  D) vertical intercept upward.

Question 2

In Japan in 2000 the price level fell by 5 percent and the money wage rate did not change. As a result, there was a
 
  A) movement down along Japan's short-run aggregate demand curve.
  B) movement down along Japan's short-run aggregate supply curve.
  C) rightward shift in Japan's short-run aggregate supply curve.
  D) movement down along Japan's long-run aggregate supply curve.



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jgranad15

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Answer to Question 1

D

Answer to Question 2

B




saliriagwu

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Reply 2 on: Jun 29, 2018
Excellent


kjohnson

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Reply 3 on: Yesterday
Gracias!

 

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