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

Author Question: A decrease in the general price level is associated with an upward shift in the aggregate ... (Read 98 times)

Jramos095

  • Hero Member
  • *****
  • Posts: 528
on: Jun 30, 2018
A decrease in the general price level is associated with an upward shift in the aggregate expenditures function.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

If an increase in the price of Good X causes a decrease in the demand for Good Y, we can conclude that:
 a. Goods X and Y are complements.
  b. Goods X and Y are substitutes.
 c. Goods X and Y are normal goods.
  d. the price of Good Y will increase.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

lin77x

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

True

Answer to Question 2

a


Jramos095

  • Member
  • Posts: 528
Reply 2 on: Jun 30, 2018
:D TYSM

irishcancer18

  • Member
  • Posts: 310
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

General structure of a plant cell General structure of a plant cell
A guinea pig being examined by a veterinary medical officer for general health and pulmonary conditi A guinea pig being examined by a veterinary medical officer for general health and pulmonary conditi
Common sites of amputation. (A) Upper extremities. (B) Lower extremities. The surgeon determines th Common sites of amputation. (A) Upper extremities. (B) Lower extremities. The surgeon determines th
A weather map depicting the sea-level pressure distribution for March 4, 1994. A weather map depicting the sea-level pressure distribution for March 4, 1994.
Classification of Inhalational Anesthetics Used for General Anesthesia Classification of Inhalational Anesthetics Used for General Anesthesia
Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ... Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ...
Video: Complement Proteins Animation

For a complete list of videos, visit our video library