« previous next »

Author Question: What factor changes the quantity of real GDP supplied and results in a movement along the AS curve? ... (Read 70 times)

faduma

  • Hero Member
  • *****
  • Posts: 528
on: Jun 29, 2018
What factor changes the quantity of real GDP supplied and results in a movement along the AS curve?
 
  What will be an ideal response?

Question 2

Using this consumption function, autonomous consumption is
 
  A) 0.
  B) between 1 and 2 trillion.
  C) more than 2 trillion and less that 5 trillion.
  D) more than 5 trillion and less than 8 trillion.
  E) more than 8 trillion.


Chelseyj.hasty

  • Sr. Member
  • ****
  • Posts: 319
Reply #1 on: Jun 29, 2018
Answer to Question 1

Changes in the price level change the quantity of real GDP supplied and result in a movement along the AS curve.

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Cyanosis as shown here at the patient’s fingertips results from a lack of oxygen in the tissues Cyanosis as shown here at the patient’s fingertips results from a lack of oxygen in the tissues
A typical distillation curve. Heavier molecules evaporate at higher temperatures and contain more ... A typical distillation curve. Heavier molecules evaporate at higher temperatures and contain more ...
Movement of Sodium and Potassium Ions During the Action Potential Movement of Sodium and Potassium Ions During the Action Potential
Movement of a drug through the body (pharmacokinetics): absorption, distribution, metabolism, and ... Movement of a drug through the body (pharmacokinetics): absorption, distribution, metabolism, and ...
Results of one round of replication of DNA Results of one round of replication of DNA
Conversion of F+ to an Hfr state occurs by integration of the F factor Conversion of F+ to an Hfr state occurs by integration of the F factor
Video: Cognitive development by Piaget (Preoperational stage or intelligence)

For a complete list of videos, visit our video library