« previous next »

Author Question: The IS curve is Y = 20 - 1.5r, and the aggregate demand curve is Y = 15.5 - 0.3. When the inflation ... (Read 18 times)

maychende

  • Hero Member
  • *****
  • Posts: 556
on: Jun 30, 2018
The IS curve is Y = 20 - 1.5r, and the aggregate demand curve is Y = 15.5 - 0.3. When the inflation rate is 3 percent, output is ________.
 
  A) 20
  B) 14.6
  C) 9.5
  D) 3.6
  E) none of the above

Question 2

An increase in autonomous investment in a small open economy will cause ________.
 
  A) a trade surplus to shrink
  B) a trade deficit to increase
  C) lower net capital outflows
  D) all of the above
  E) none of the above


millet

  • Sr. Member
  • ****
  • Posts: 354
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

A theoretical photosynthetic response curve. A theoretical photosynthetic response curve.
Bell Curve Joke Bell Curve Joke
Frequency distribution curve: interpatient variability in drug response. Frequency distribution curve: interpatient variability in drug response.
A typical distillation curve. Heavier molecules evaporate at higher temperatures and contain more ... A typical distillation curve. Heavier molecules evaporate at higher temperatures and contain more ...
How to create a sine equation when the curve is given How to create a sine equation when the curve is given
At what speed does Grogzetti need to take the curve to avoid sliding? At what speed does Grogzetti need to take the curve to avoid sliding?
Video: Stimulus (introduction)

For a complete list of videos, visit our video library