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

Author Question: In the classical model, a rightward shift in the aggregate demand curve will, in the long run, A) ... (Read 94 times)

olgavictoria

  • Hero Member
  • *****
  • Posts: 528
on: Jun 29, 2018
In the classical model, a rightward shift in the aggregate demand curve will, in the long run,
 
  A) increase real GDP and the price level.
  B) increase real GDP and will not change the price level.
  C) decrease real GDP and will not change the price level.
  D) not change real GDP and will increase the price level.

Question 2

Which of the following is NOT a characteristic of oligopoly firms?
 
  A) strategic dependence
  B) product differentiation
  C) non-price competition, such as advertising and promotions
  D) perfectly elastic demand curves


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

diana chang

  • Sr. Member
  • ****
  • Posts: 288
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

D


olgavictoria

  • Member
  • Posts: 528
Reply 2 on: Jun 29, 2018
Wow, this really help

sailorcrescent

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Model organisms used to study the genetics of development Model organisms used to study the genetics of development
Male reproductive anatomy model Male reproductive anatomy model
Features found in a long bone. Features found in a long bone.
(a) The relative age ranges of different dating techniques depend upon the half-life of the system u (a) The relative age ranges of different dating techniques depend upon the half-life of the system u
Bell Curve Joke Bell Curve Joke
Model of GABA - receptor chloride channel Model of GABA - receptor chloride channel
Video: Chemical Synapse Animation

For a complete list of videos, visit our video library