Author Question: If the price level increases, the AE curve shifts A) upward and the AD curve shifts leftward. B) ... (Read 62 times)

hbsimmons88

  • Hero Member
  • *****
  • Posts: 526
If the price level increases, the AE curve shifts
 
  A) upward and the AD curve shifts leftward.
  B) upward and there is a movement along the AD curve.
  C) upward and the AD curve shifts rightward.
  D) downward and there is a movement along the AD curve.
  E) downward and the AD curve shifts rightward.

Question 2

The figure above shows the production possibilities frontiers for the United Kingdom and France. If the United Kingdom and France specialize and engage in trade, the United Kingdom will export ________ and France will export ________.
 
  A) fish; wheat
  B) wheat; wheat
  C) fish; fish
  D) nothing; nothing
  E) wheat; fish



rachel

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

D

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

For a complete list of videos, visit our video library