Author Question: Refer to above figures. Prior to the shift of the curves, which panel and which curve involve the ... (Read 104 times)

crobinson2013

  • Hero Member
  • *****
  • Posts: 535
Refer to above figures. Prior to the shift of the curves, which panel and which curve involve the existence of negative externality?
 
  A) Panel 1 and S1
  B) Panel 1 and S2
  C) Panel 2 and D1
  D) Panel 2 and D2

Question 2

In the classical model, a shift to the right in aggregate demand would result in
 
  A) a permanent increase in unemployment.
  B) a permanent increase in real incomes.
  C) an increase in the price level.
  D) a permanent shift past full employment.



komodo7

  • Sr. Member
  • ****
  • Posts: 322
Answer to Question 1

A

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

For a complete list of videos, visit our video library