« previous next »

Author Question: According to the classical theory, an inward shift in aggregate demand would reduce A) real Gross ... (Read 66 times)

mrsjacobs44

  • Hero Member
  • *****
  • Posts: 500
on: Jun 29, 2018
According to the classical theory, an inward shift in aggregate demand would reduce
 
  A) real Gross Domestic Product (GDP) and the price level.
  B) the price level but have no effect on real Gross Domestic Product (GDP).
  C) real income but have no impact on the price Gross Domestic Product (GDP).
  D) the price level but increase real Gross Domestic Product (GDP).

Question 2

The total value of all outstanding federal government securities is
 
  A) a flow variable.
  B) the budget deficit.
  C) total personal wealth.
  D) none of the above.


mariahkathleeen

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Myocardial Oxygen supply and demand Myocardial Oxygen supply and demand
The Elastic Rebound Theory The Elastic Rebound Theory
An Oil-dependent World— Supply and Demand Driven An Oil-dependent World— Supply and Demand Driven
The Triangular Theory of Love The Triangular Theory of Love
Attention and memory are in demand during circle time. Attention and memory are in demand during circle time.
How to vertically shift a quadratic function along the y-axis How to vertically shift a quadratic function along the y-axis
Video: Effect of blood chemistry - stimuli, hyperventilation response and hypoventilation response

For a complete list of videos, visit our video library