Refer to Figure 11.2. Assume the economy is in equilibrium at 1, where real GDP equals potential GDP, and then the economy experiences a negative demand shock. Other things equal, the negative demand shock is best represented by a(n)
A) movement up along the Phillips curve.
B) movement down along the Phillips curve.
C) upward shift of the Phillips curve.
D) downward shift of the Phillips curve.
Question 2
When the Fed lends to depository institutions, the loans are called
A) federal funds.
B) discount loans.
C) repurchase agreements.
D) reverse repurchase agreements.
As sessile organisms, plants have evolved many mechanisms to mitigate the potential damage of abioti
Conduction of the action potential along an axon.
Action Potential Propagation Through the Heart
Who is the “real” Beyoncé—doting mother or Sasha Fierce?
Real skeleton of a lion
Figure 2.15.jpg