« previous next »

Author Question: ________ would be the source of a real business cycle. A) Unanticipated changes in monetary ... (Read 123 times)

jayhills49

  • Hero Member
  • *****
  • Posts: 559
on: Jun 29, 2018
________ would be the source of a real business cycle.
 
  A) Unanticipated changes in monetary policy B) Anticipated changes in monetary policy
  C) Technology shocks D) all of the above

Question 2

The graph below represents the market for alfalfa. The market price is 7.00 per bushel. Identify the areas representing consumer surplus, producer surplus, and economic surplus.
 
  What will be an ideal response?


sarajane1989

  • Sr. Member
  • ****
  • Posts: 296
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

Consumer surplus is represented by area A.
Producer surplus is represented by area B.
Economic surplus is represented by area A + B.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

A detailed look at the steps of the citric acid cycle A detailed look at the steps of the citric acid cycle
In 1891 William Dean Howells championed the poetry of Emily Dickinson: “This poetry is as characteri In 1891 William Dean Howells championed the poetry of Emily Dickinson: “This poetry is as characteri
The Weather Business: A Brief Overview The Weather Business: A Brief Overview
Ecosystem goods and services and monetary values Ecosystem goods and services and monetary values
Relative expression times and amounts of cyclins during the cell cycle Relative expression times and amounts of cyclins during the cell cycle
The business trip grade 1 The business trip grade 1
Video: Exocytosis - secretion

For a complete list of videos, visit our video library