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

Author Question: According to the simple Keynesian model, when planned expenditure exceeds income a. prices rise. ... (Read 51 times)

sc00by25

  • Hero Member
  • *****
  • Posts: 596
on: Jun 30, 2018
According to the simple Keynesian model, when planned expenditure exceeds income
 
  a. prices rise.
  b. unplanned inventory investment is negative.
  c. income falls.
  d. planned expenditure falls.
  e. both b and d.

Question 2

When drawn against the current real wage, the labor demand curve is
 
  A) upward sloping because the marginal product of labor rises with the quantity of labor employed.
  B) upward sloping because the marginal product of labor declines with the quantity of labor employed.
  C) downward sloping because the marginal product of labor rises with the quantity of labor employed.
  D) downward sloping because the marginal product of labor declines with the quantity of labor employed.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

duke02

  • Sr. Member
  • ****
  • Posts: 312
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

D


sc00by25

  • Member
  • Posts: 596
Reply 2 on: Jun 30, 2018
Wow, this really help

meow1234

  • Member
  • Posts: 333
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Immunoglobulin G. (b) A ribbon model of the first complete IgG molecule to be crystallized Immunoglobulin G. (b) A ribbon model of the first complete IgG molecule to be crystallized
Model of a sequential study in which two cohorts were followed beginning at age 20. One cohort was f Model of a sequential study in which two cohorts were followed beginning at age 20. One cohort was f
Lock and Key Model Lock and Key Model
Elaboration Likelihood Model of Attitude Change Elaboration Likelihood Model of Attitude Change
A model of transcription initiation as deduced from the crystal structure of TFIIB complexed A model of transcription initiation as deduced from the crystal structure of TFIIB complexed
Generalized model of semiconservative replication of DNA Generalized model of semiconservative replication of DNA
Video: DNA Replication

For a complete list of videos, visit our video library