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

Author Question: When potential GDP increases, _______. A. aggregate demand increases B. aggregate supply ... (Read 278 times)

Hungry!

  • Hero Member
  • *****
  • Posts: 1,071
on: Jun 29, 2018
When potential GDP increases, _______.
 
  A. aggregate demand increases
  B. aggregate supply increases
  C. both aggregate demand and aggregate supply increase
  D. the price level rises

Question 2

Refer to Table 2-3. Assume Dina's Diner only produces sliders and hot wings. A combination of 80 sliders and 100 hot wings would appear
 
  A) along Dina's production possibilities frontier.
  B) inside Dina's production possibilities frontier.
  C) outside Dina's production possibilities frontier.
  D) at the vertical intercept of Dina's production possibilities frontier.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ndhahbi

  • Sr. Member
  • ****
  • Posts: 390
Reply #1 on: Jun 29, 2018
Answer to Question 1

B As Figure 19.2 in the text shows, an increase in potential GDP increases aggregate supply.

Answer to Question 2

A


Hungry!

  • Hero Member
  • *****
  • Posts: 1,071
Reply #2 on: Jun 29, 2018
Correct answers!


ndhahbi

  • Sr. Member
  • ****
  • Posts: 390
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Specific Drugs and their Potential for Dependence Specific Drugs and their Potential for Dependence
Graph showing how the boiling point of the coolant increases as the percentage of antifreeze in ... Graph showing how the boiling point of the coolant increases as the percentage of antifreeze in ...
A demand delivery system uses a fuel-pressure regulator attached to the fuel pump assembly inside ... A demand delivery system uses a fuel-pressure regulator attached to the fuel pump assembly inside ...
Drugs with a potential for abuse are categorized into schedules Drugs with a potential for abuse are categorized into schedules
An electron is accelerated from rest through a potential difference. After acceleration the ... An electron is accelerated from rest through a potential difference. After acceleration the ...
The potential involvement of colchicine in doubling the chromosome number The potential involvement of colchicine in doubling the chromosome number
Video: Mendel's Principles of Dominance, Segregation and Independent Assortment

For a complete list of videos, visit our video library