This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Given a downward-sloping aggregate demand curve, if short-run aggregate supply increases, real GDP ... (Read 92 times)

123654777

  • Hero Member
  • *****
  • Posts: 585
on: Jun 30, 2018
Given a downward-sloping aggregate demand curve, if short-run aggregate supply increases, real GDP must increase and nominal GDP must fall.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Which of these is most likely to lower the velocity of money?
 a. A commercial innovation that facilitates exchange
 b. A low inflation rate
 c. A decline in the effectiveness of money as a store of wealth
  d. A high inflation rate
 e. A weekly pay for workers instead of a monthly pay


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kjohnson

  • Sr. Member
  • ****
  • Posts: 330
Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

b


123654777

  • Member
  • Posts: 585
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

chereeb

  • Member
  • Posts: 326
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

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

Did you know?

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

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

supply chain supply chain
Four Arch Curve Four Arch Curve
Adding additional amounts of ethyl alcohol (ethanol) increases the frequency reading. Adding additional amounts of ethyl alcohol (ethanol) increases the frequency reading.
The growth in demand for energy use is met by burning fossil fuels The growth in demand for energy use is met by burning fossil fuels
The growth in demand for oil in China is driven by the growth in demand for personal transport The growth in demand for oil in China is driven by the growth in demand for personal transport
Type II curve. Mortality does not vary with age. Data for five-lined skink (Eumeces fasciatus). Type II curve. Mortality does not vary with age. Data for five-lined skink (Eumeces fasciatus).
Video: Parkinson's Disease

For a complete list of videos, visit our video library