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

Author Question: Suppose that the economy begins at a long-run equilibrium. Which of the following raises the price ... (Read 119 times)

tfester

  • Hero Member
  • *****
  • Posts: 534
on: Jun 29, 2018
Suppose that the economy begins at a long-run equilibrium. Which of the following raises the price level and decrease real GDP in the short run?
 
  A) a decrease in the quantity of money
  B) an increase in the price of oil that decreases aggregate supply
  C) an increase in the stock of capital that increases aggregate supply
  D) an increase in government expenditures

Question 2

On the island country of Sunshine where the unit of currency is fish, net exports are 50 fish, saving is 250 fish, net taxes are 100 fish, and the government budget deficit is 175 fish. What is the value of investment?
 
  A) 375 fish
  B) -375 fish
  C) 25 fish
  D) -25 fish


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Meganchabluk

  • Sr. Member
  • ****
  • Posts: 301
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

C


tfester

  • Member
  • Posts: 534
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

meganmoser117

  • Member
  • Posts: 303
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Long-wattled Umbrellabird Long-wattled Umbrellabird
Associative Long-Term Potentiation Associative Long-Term Potentiation
A slowdown in athletic ability begins in the 20s, although it is only noticeable for those who are t A slowdown in athletic ability begins in the 20s, although it is only noticeable for those who are t
Having a time zone map located near the telephone will assist you when making long distance calls ou Having a time zone map located near the telephone will assist you when making long distance calls ou
C heck the description bcuz the question is too long. there is a file attached but it is the ... C heck the description bcuz the question is too long. there is a file attached but it is the ...
Day 16 Neural groove appears as the neural tube begins forming. Day 16 Neural groove appears as the neural tube begins forming.
Video: Interview with an Anorexic Woman (Part 2 of 2)

For a complete list of videos, visit our video library