This topic contains a solution. Click here to go to the answer

Author Question: A change in inflation leads to shifts of the ________ curves. A) MP, IS, & AD B) MP & ... (Read 53 times)

mydiamond

  • Hero Member
  • *****
  • Posts: 804
A change in inflation leads to shifts of the ________ curves.
 
  A) MP, IS, & AD
  B) MP & IS, but not AD
  C) IS & AD, but not MP
  D) MP, but not IS nor AD
  E) none of the above

Question 2

Consumption smoothing refers to
 
  A) the tendency of all consumers to choose the same amount of current consumption.
  B) the tendency of consumers to seek a consumption path over time that is smoother than income.
  C) the tendency of consumers to seek an income path over time that is smoother than consumption.
  D) consumer's concerns about going heavily into debt.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Koolkid240

  • Sr. Member
  • ****
  • Posts: 357
Answer to Question 1

E

Answer to Question 2

B



mydiamond

  • Hero Member
  • *****
  • Posts: 804

Koolkid240

  • Sr. Member
  • ****
  • Posts: 357

 

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

For a complete list of videos, visit our video library