« previous next »

Author Question: An increase in oil prices will shift the aggregate: a. demand curve leftward. b. demand curve ... (Read 73 times)

bucstennis@aim.com

  • Hero Member
  • *****
  • Posts: 532
on: Jun 30, 2018
An increase in oil prices will shift the aggregate:
 a. demand curve leftward.
  b. demand curve rightward.
  c. supply curve leftward.
  d. supply curve rightward.

Question 2

The precautionary demand for money:
 a. varies inversely with the income level.
  b. varies inversely with the price level.
  c. is used as an insurance agent against unexpected needs.
  d. states that nominal income must exceed real income.
  e. is a classical concept in monetary theory.


jordangronback

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

c


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The human body produces and destroys 15 million blood cells every second.

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?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Results from sequential study of two cohorts tested at three ages and at three different points in t Results from sequential study of two cohorts tested at three ages and at three different points in t
Prices for Cotton and for Slaves, 1802–1860 Prices for Cotton and for Slaves, 1802–1860
The steel lamination used in an E coil helps increase the magnetic field strength, which helps the ... The steel lamination used in an E coil helps increase the magnetic field strength, which helps the ...
Titration curve for the tetrapeptide Glu-Gly-Ala-Lys Titration curve for the tetrapeptide Glu-Gly-Ala-Lys
Oil supply and prices affect the economies of nations Oil supply and prices affect the economies of nations
Suppose a country imports televisions. The country's supply and demand curves are shown in ... Suppose a country imports televisions. The country's supply and demand curves are shown in ...
Video: Bone processes - resorption and deposition, remodeling and response to stress in adult bones

For a complete list of videos, visit our video library