This topic contains a solution. Click here to go to the answer

Author Question: An increase in investment causes the price level to ________ in the short run and ________ in the ... (Read 73 times)

NClaborn

  • Hero Member
  • *****
  • Posts: 560
An increase in investment causes the price level to ________ in the short run and ________ in the long run.
 
  A) decrease; increase B) increase; increase further
  C) increase; decrease D) decrease; decrease further

Question 2

A decrease in the level of cyclical unemployment will shift the long-run Phillips curve.
 
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Jane

  • Sr. Member
  • ****
  • Posts: 309
Answer to Question 1

B

Answer to Question 2

FALSE




NClaborn

  • Member
  • Posts: 560
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


covalentbond

  • Member
  • Posts: 336
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

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?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

For a complete list of videos, visit our video library