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

Author Question: Ceteris paribus, which of the following situations would result in the largest quantity of money ... (Read 19 times)

cherise1989

  • Hero Member
  • *****
  • Posts: 555
on: Jun 30, 2018
Ceteris paribus, which of the following situations would result in the largest quantity of money demanded?
 a. When nominal GDP = 1.4 trillion and the interest rate is 3 percent.
  b. When nominal GDP = 1.4 trillion and the interest rate is 6 percent.
  c. When nominal GDP = 1.2 trillion and the interest rate is 5 percent.
  d. When nominal GDP = 800 billion and the interest rate is 4 percent.

Question 2

Long-term economic growth requires a permanent:
 a. decline in the average price level.
  b. leftward shift of the vertical Phillips curve.
  c. rise in the natural rate of unemployment.
  d. leftward shift of the aggregate demand curve.
  e. rightward shift of the vertical aggregate supply curve.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kaillie

  • Sr. Member
  • ****
  • Posts: 326
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

e


cherise1989

  • Member
  • Posts: 555
Reply 2 on: Jun 30, 2018
:D TYSM

Mochi

  • Member
  • Posts: 300
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Colles’ A break in the distal portion of the radius; often the result of reaching out to cushion a f Colles’ A break in the distal portion of the radius; often the result of reaching out to cushion a f
Situations Causing Changes in Respiratory Rate Situations Causing Changes in Respiratory Rate
Structures of the lymphatic pathway from smallest to largest. Structures of the lymphatic pathway from smallest to largest.
Transitions from One Stage to Another: Some Possible Triggering Situations of Experiences that may ... Transitions from One Stage to Another: Some Possible Triggering Situations of Experiences that may ...
Radiation Quantity and Quality Radiation Quantity and Quality
Cretinism can result in a child born to a mother who was iodine deficient during early pregnancy Cretinism can result in a child born to a mother who was iodine deficient during early pregnancy
Video: Transcription—A molecular view

For a complete list of videos, visit our video library