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

Author Question: Decreasing government spending ________ the price level and ________ equilibrium real GDP. A) ... (Read 70 times)

darbym82

  • Hero Member
  • *****
  • Posts: 570
on: Jun 29, 2018
Decreasing government spending ________ the price level and ________ equilibrium real GDP.
 
  A) increases; increases B) decreases; increases
  C) increases; decreases D) decreases; decreases

Question 2

When Toyota introduced its 2010 Prius, it announced that the average retail price of the 2010 model would be lower than the average retail price was for the equivalent 2009 model. Which of the following would explain the price differential?
 
  A) The supply of the Prius had decreased, and the demand for the Prius remained unchanged.
  B) The demand for the Prius had increased, and the supply of the Prius remained unchanged.
  C) The demand for the Prius had decreased, and the supply of the Prius had increased.
  D) The demand for the Prius had increased, and the supply of the Prius had decreased.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

amynguyen1221

  • Sr. Member
  • ****
  • Posts: 355
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


darbym82

  • Member
  • Posts: 570
Reply 2 on: Jun 29, 2018
Wow, this really help

tandmlomax84

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Stand in a doorway and hook your fingertips on both sides about chest level or lower. Stand in a doorway and hook your fingertips on both sides about chest level or lower.
Math Joke: Be Rational, Get Real Math Joke: Be Rational, Get Real
Government By the People, 2016 Presidential Election, 26th Edition Government By the People, 2016 Presidential Election, 26th Edition
World Mean Sea-Level Temperatures in January World Mean Sea-Level Temperatures in January
Kinesthesis and Equilibrium with skating Kinesthesis and Equilibrium with skating
Keeping your feelings to yourself may increase your stress level Keeping your feelings to yourself may increase your stress level
Video: Lipid catabolism ( ketogenesis and oxidation of glycerol) and Lipid anabolism (lipogenesis)

For a complete list of videos, visit our video library