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

Author Question: Assume that the economy is at a long run equilibrium and oil prices rise. As a result, the ________ ... (Read 70 times)

dmcintosh

  • Hero Member
  • *****
  • Posts: 517
Assume that the economy is at a long run equilibrium and oil prices rise. As a result, the ________ shifts ________.
 
  A) AD; rightward
  B) AD; leftward
  C) SAS; rightward
  D) SAS; leftward

Question 2

In the figure above, if the interest rate is 6 percent
 
  A) there is a 0.1 trillion excess quantity of money and the interest rate will rise.
  B) there is a 0.1 trillion excess quantity of money and the interest rate will fall.
  C) the money market is in equilibrium and the interest rate will remain constant.
  D) there is a 0.1 trillion excess demand for money and the interest rate will rise.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

tsternbergh47

  • Sr. Member
  • ****
  • Posts: 311
Answer to Question 1

D

Answer to Question 2

C




dmcintosh

  • Member
  • Posts: 517
Reply 2 on: Jun 29, 2018
Gracias!


jackie

  • Member
  • Posts: 324
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

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?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

For a complete list of videos, visit our video library