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Author Question: Suppose the Asian financial crisis decreased U.S. exports. In the aggregate demand/aggregate supply ... (Read 84 times)

Anajune7

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Suppose the Asian financial crisis decreased U.S. exports. In the aggregate demand/aggregate supply model, this would be represented as
 
  A) a shift to the right of aggregate supply, which would result in more production for the U.S. economy.
  B) a shift to the left of aggregate supply, which would result in less production for the U.S. economy.
  C) a shift to the right of aggregate demand, leading to more spending and production in the U.S. economy.
  D) a shift to the left of aggregate demand, leading to less spending and production in the U.S. economy.

Question 2

Given that Sandy can produce 10 economics reports or 2 sales calls and Tim can produce 2 economics reports or 1 sales call, which of the following would NOT be a mutually agreeable terms of trade for Sandy and Tim?
 
  A) 1 economics report for 1 sales call
  B) 1 sales call for 3 economics reports
  C) 1 sales call for 4 economics reports
  D) 1 economics report for 1/4 of a sales call


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FergA

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Anajune7

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Reply 2 on: Jun 30, 2018
Excellent


essyface1

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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