This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following explains why the aggregate demand curve is downward sloping? A) the open ... (Read 72 times)

theo

  • Hero Member
  • *****
  • Posts: 698
on: Jun 30, 2018
Which of the following explains why the aggregate demand curve is downward sloping?
 
  A) the open economy effect B) the real-balance effect
  C) the interest rate effect D) all of the above

Question 2

According to the above table, if real Gross Domestic Product (GDP) equals 30,000, what is the average propensity to consume?
 
  A) 0.75 B) 0.67 C) 0.8 D) 0.87


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

frejo

  • Sr. Member
  • ****
  • Posts: 349
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

D


theo

  • Member
  • Posts: 698
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

blakcmamba

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

The footnote on a Nutrition Facts label explains the Recommended Daily Values that are the basis of ... The footnote on a Nutrition Facts label explains the Recommended Daily Values that are the basis of ...
To test the normally open contacts, connect one meter lead to terminal 30 and the other lead to ... To test the normally open contacts, connect one meter lead to terminal 30 and the other lead to ...
Drug tolerance: A shift in the dose-response curve to the right as a result of exposure to the drug. Drug tolerance: A shift in the dose-response curve to the right as a result of exposure to the drug.
Effleurage to adductor muscles. Bend the knee and open the leg to access adductor muscles. Resecure ... Effleurage to adductor muscles. Bend the knee and open the leg to access adductor muscles. Resecure ...
Open-Faced Sandwiches Open-Faced Sandwiches
A 600-kg car is going around a curve with a radius of 120 m that is banked at an angle of 20° ... A 600-kg car is going around a curve with a radius of 120 m that is banked at an angle of 20° ...
Video: Humerus Adduction Animation

For a complete list of videos, visit our video library