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

Author Question: When government spending is added to consumption and planned investment, the slope of the aggregate ... (Read 103 times)

serike

  • Hero Member
  • *****
  • Posts: 542
on: Jun 30, 2018
When government spending is added to consumption and planned investment, the slope of the aggregate expenditure function increases.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Which of the following statements is true?
 a. The opportunity cost of a decision is equal to the explicit cost in monetary terms.
 b. The opportunity cost of a decision is the value of the best foregone alternative.
 c. Some economic decisions have zero opportunity cost.
 d. The opportunity cost of attending college is the same for all students at the same university but may differ among students at different universities.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nothere

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

b


serike

  • Member
  • Posts: 542
Reply 2 on: Jun 30, 2018
Excellent

chereeb

  • Member
  • Posts: 326
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

China’s 8% annual increase in oil consumption China’s 8% annual increase in oil consumption
Distribution of Aggregate Mining Distribution of Aggregate Mining
In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it. In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it.
Comparison of energy consumption in developing and industrialized nations Comparison of energy consumption in developing and industrialized nations
Per capita consumption of power is high in the developed world and highest in the United States Per capita consumption of power is high in the developed world and highest in the United States
There Is a Difference between Natural and Added Sugars There Is a Difference between Natural and Added Sugars
Video: Anatomy and Chemical Makeup of a Single Hair (Animation)

For a complete list of videos, visit our video library