« previous next »

Author Question: Given aggregate demand, a decrease in aggregate supply creates: a. a higher price level and a ... (Read 136 times)

Engineer

  • Hero Member
  • *****
  • Posts: 527
on: Jun 30, 2018
Given aggregate demand, a decrease in aggregate supply creates:
 a. a higher price level and a higher GDP level.
  b. a lower price level and a higher GDP level.
  c. cost-push inflation.
  d. demand-pull inflation.

Question 2

The stock of money people hold to pay everyday predictable expenses is the:
 a. transactions demand for holding money.
  b. precautionary demand for holding money.
  c. speculative demand for holding money.
  d. store of value demand for holding money.


kmb352

  • Sr. Member
  • ****
  • Posts: 319
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

a


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

On average, the ratio of carbon to nitrogen is much higher in terrestrial plants than in other major On average, the ratio of carbon to nitrogen is much higher in terrestrial plants than in other major
Level II HCPCs Codes Level II HCPCs Codes
In older adults, higher education is related to higher levels of ego development. In older adults, higher education is related to higher levels of ego development.
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 ...
China has relied on cheap coal to meet its demand for energy China has relied on cheap coal to meet its demand for energy
Real Price of Oil, 1861–2010 Real Price of Oil, 1861–2010
Video: Contraction cycle of a sarcomere

For a complete list of videos, visit our video library