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

Author Question: During periods of unemployment A) the economy operates at a point inside the production ... (Read 36 times)

theo

  • Hero Member
  • *****
  • Posts: 698
on: Jun 29, 2018
During periods of unemployment
 
  A) the economy operates at a point inside the production possibilities curve.
  B) the economy operates at a point outside the production possibilities curve.
  C) the production possibilities curve shifts inward.
  D) the production possibilities curve shifts outward.

Question 2

A decrease in aggregate demand will cause
 
  A) prices to fall according to classical economists, and unemployment to increase according to Keynes.
  B) prices to fall and unemployment to increase according to both classical economists and Keynes.
  C) aggregate supply to fall according to classical economists, and prices to fall according to Keynes.
  D) aggregate supply to fall according to Keynes, and unemployment to increase according to classical economists.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Madisongo23

  • Sr. Member
  • ****
  • Posts: 325
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


theo

  • Member
  • Posts: 698
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

vickyvicksss

  • Member
  • Posts: 351
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

This is the first portrait of George Washington, painted by John Gadsby Chapman. Washington’s right This is the first portrait of George Washington, painted by John Gadsby Chapman. Washington’s right
Ulysses S. Grant poses at City Point, Virginia, during the siege of Petersburg. Ulysses S. Grant poses at City Point, Virginia, during the siege of Petersburg.
McBurney point. McBurney point.
As the world’s population continues to grow, demands on limited resources for food production As the world’s population continues to grow, demands on limited resources for food production
Major U.S. Centers of Cattle, Corn, Wheat, and Soybean Production Major U.S. Centers of Cattle, Corn, Wheat, and Soybean Production
Parasites inside and out. Parasites inside and out.
Video: Supine Position

For a complete list of videos, visit our video library