« previous next »

Author Question: When there is a shift the aggregate supply curve caused by factors external to a nation's economy, ... (Read 59 times)

kamilo84

  • Sr. Member
  • ****
  • Posts: 495
on: Jun 30, 2018
When there is a shift the aggregate supply curve caused by factors external to a nation's economy, it is called
 
  A) government control. B) an economic anomaly.
  C) a supply shock. D) a trade imbalance.

Question 2

Lesley buys 6 cappuccinos per week when her income is 900 per week and buys 8 cappuccinos per week when her income is 1100 per week. For Lesley, cappuccinos are a(n) ________ good.
 
  A) normal B) luxury C) inferior D) essential E) substitute
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
Buy Test-Bank


Sophiapenny

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Intussusception. The condition is caused by an infolding of the small intestine, which often causes Intussusception. The condition is caused by an infolding of the small intestine, which often causes
Internal and External Environment Internal and External Environment
Structures of the external ear, middle ear, and inner ear Structures of the external ear, middle ear, and inner ear
This chart illustrates the four quadrants in which we can place the relationships between the state This chart illustrates the four quadrants in which we can place the relationships between the state
Oxygen dissociation curve Oxygen dissociation curve
Alternative sigma factors for heat shock genes Alternative sigma factors for heat shock genes
Video: Chemical Synapse Animation

For a complete list of videos, visit our video library