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

Author Question: The short run is a period of time during which: a. there is an expansionary gap that cannot be ... (Read 88 times)

fnuegbu

  • Hero Member
  • *****
  • Posts: 539
on: Jun 30, 2018
The short run is a period of time during which:
 a. there is an expansionary gap that cannot be corrected using the passive approach.
  b. actual output equals potential output.
 c. there is a recessionary gap that cannot be corrected through discretionary policy.
  d. resource buyers and sellers cannot adjust fully to changes in the price level.
 e. resource buyers and sellers can adjust fully to changes in the price level.

Question 2

When people exchange money for financial assets, the _____ rises.
 a. real GDP
 b. price level
 c. unemployment rate
  d. nominal GDP
 e. interest rate


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jessicaduplan

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

e


fnuegbu

  • Member
  • Posts: 539
Reply 2 on: Jun 30, 2018
Excellent

Joy Chen

  • Member
  • Posts: 354
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

The slight (5 microsecond) difference in the firing of the companion cylinders is enough time to ... The slight (5 microsecond) difference in the firing of the companion cylinders is enough time to ...
Embryonic Period Embryonic Period
Embryonic Period Embryonic Period
Over time, cells acquire mutations. Two independently acquired mutations in the same cell may be suf Over time, cells acquire mutations. Two independently acquired mutations in the same cell may be suf
Time-of-entry mapping Time-of-entry mapping
Video: Protein digestion - stomach & small intestine

For a complete list of videos, visit our video library