Author Question: When potential GDP increases, A) there is a movement down along the AS curve. B) there is a ... (Read 46 times)

Brittanyd9008

  • Hero Member
  • *****
  • Posts: 500
When potential GDP increases,
 
  A) there is a movement down along the AS curve.
  B) there is a movement up along the AS curve.
  C) there is neither a movement along nor a shift in the AS curve.
  D) the AS curve shifts leftward.
  E) the AS curve shifts rightward.

Question 2

When the real interest rate falls, there is
 
  A) an upward shift of the consumption function.
  B) an increase in the slope of the consumption function.
  C) a movement upward along the consumption function.
  D) a decrease in the slope of the consumption function.
  E) a downward shift of the consumption function.



Zack0mack0101@yahoo.com

  • Sr. Member
  • ****
  • Posts: 341
Answer to Question 1

E

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

For a complete list of videos, visit our video library