This topic contains a solution. Click here to go to the answer

Author Question: The short-run aggregate supply curve in modern Keynesian analysis is A) downward sloping. B) ... (Read 87 times)

newyorker26

  • Hero Member
  • *****
  • Posts: 536
The short-run aggregate supply curve in modern Keynesian analysis is
 
  A) downward sloping. B) horizontal.
  C) vertical. D) upward sloping.

Question 2

A factory in Techland could not sell 20 of its output during a certain year due to a decrease in demand for its product. Which of the following would have happened if it produced 20 less?
 
  A) Techland's GDP would have been higher.
  B) Techland's GDP would have been lower.
  C) Techland's trade deficit would have been less.
  D) Techland's GDP would have remained the same.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ASDFGJLO

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

D

Answer to Question 2

B




newyorker26

  • Member
  • Posts: 536
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


CAPTAINAMERICA

  • Member
  • Posts: 325
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

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

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

For a complete list of videos, visit our video library