« previous next »

Author Question: In the above figure, assume the economy is in equilibrium at point d. Then the Fed decreases the ... (Read 124 times)

Zulu123

  • Hero Member
  • *****
  • Posts: 525
on: Jun 29, 2018
In the above figure, assume the economy is in equilibrium at point d. Then the Fed decreases the money supply so that the new aggregate demand curve is AD1. In the long run, the new price level will be
 
  A) 100.
  B) 120.
  C) 130.
  D) 110.

Question 2

The reason that patents are granted is
 
  A) to encourage a high rate of consumption.
  B) to protect new techniques developed through research and development.
  C) to encourage free trade.
  D) to increase the labor force.


rosiehomeworddo

  • Sr. Member
  • ****
  • Posts: 306
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Effect of changing a set point for hypothalamic values Effect of changing a set point for hypothalamic values
Decimal Point Place Values Decimal Point Place Values
Contact theory indicates that prejudice decreases and relations improve when individuals of ... Contact theory indicates that prejudice decreases and relations improve when individuals of ...
North America and the Global Economy North America and the Global Economy
The dissociation equilibrium constants for the protonated form of alanine (a diprotic amino ... The dissociation equilibrium constants for the protonated form of alanine (a diprotic amino ...
Write the acidic equilibrium equation for HC₆H₅O. Write the acidic equilibrium equation for HC₆H₅O.
Video: Chronology of leptin research (A history of leptin research)

For a complete list of videos, visit our video library