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

Author Question: A decrease in short-run aggregate supply ________ the equilibrium price level and ________ the ... (Read 78 times)

JMatthes

  • Hero Member
  • *****
  • Posts: 578
A decrease in short-run aggregate supply ________ the equilibrium price level and ________ the equilibrium quantity of real GDP.
 
  A) increases; increases
  B) increases; decreases
  C) decreases; increases
  D) decreases; decreases

Question 2

On the island country of Sunshine where the unit of currency is fish, net exports are 50 fish, saving is 250 fish, net taxes are 100 fish, and the government budget deficit is 175 fish. The private sector has a ________.
 
  A) deficit of 125 fish
  B) surplus of 125 fish
  C) deficit of 225 fish
  D) surplus of 225 fish



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

DylanD1323

  • Sr. Member
  • ****
  • Posts: 314
Answer to Question 1

B

Answer to Question 2

D




JMatthes

  • Member
  • Posts: 578
Reply 2 on: Jun 29, 2018
:D TYSM


JaynaD87

  • Member
  • Posts: 368
Reply 3 on: Yesterday
Wow, this really help

 

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?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

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.

For a complete list of videos, visit our video library