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

Author Question: Potential output is the amount produced when: a. firms' and workers' expectations about the price ... (Read 84 times)

storky111

  • Hero Member
  • *****
  • Posts: 561
on: Jun 30, 2018
Potential output is the amount produced when:
 a. firms' and workers' expectations about the price level are realized.
 b. the actual price level is higher than the price level expected by workers.
  c. firms and workers have the same expectations about the price level.
  d. the actual price level remains constant.
 e. the actual price level is lower than the price level expected by firms.

Question 2

Movements along a money demand curve reflect the effects of changes in the:
 a. price level on the quantity of money demanded.
 b. interest rate on the demand for money.
 c. real exchange rate on the demand for money.
 d. interest rate on the quantity of money demanded.
 e. potential GDP on the quantity of money demanded.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ErinKing

  • Sr. Member
  • ****
  • Posts: 362
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

d


storky111

  • Member
  • Posts: 561
Reply 2 on: Jun 30, 2018
Excellent

frankwu0507

  • Member
  • Posts: 322
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Amount of Energy Released by Earthquakes of Different Magnitudes Amount of Energy Released by Earthquakes of Different Magnitudes
Reading and Writing Disorders Produced by Brain Damage Reading and Writing Disorders Produced by Brain Damage
Potential Consequences of Estrogen Loss Related to Menopause Potential Consequences of Estrogen Loss Related to Menopause
A typical output driver. In this case, the PCM applies voltage to the fuel pump relay coil to ... A typical output driver. In this case, the PCM applies voltage to the fuel pump relay coil to ...
Estimating Potential Blood Volume Loss (Part 2) Estimating Potential Blood Volume Loss (Part 2)
Action Potential Summary Action Potential Summary
Video: The Lagging Strand in DNA Replication and Replication in Action

For a complete list of videos, visit our video library