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

Author Question: Suppose that the economy begins at a long-run equilibrium. Which of the following raises the price ... (Read 44 times)

tfester

  • Hero Member
  • *****
  • Posts: 534
on: Jun 29, 2018
Suppose that the economy begins at a long-run equilibrium. Which of the following raises the price level and decrease real GDP in the short run?
 
  A) a decrease in the quantity of money
  B) an increase in the price of oil that decreases aggregate supply
  C) an increase in the stock of capital that increases aggregate supply
  D) an increase in government expenditures

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. What is the value of investment?
 
  A) 375 fish
  B) -375 fish
  C) 25 fish
  D) -25 fish


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Meganchabluk

  • Sr. Member
  • ****
  • Posts: 301
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

C


tfester

  • Member
  • Posts: 534
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

kjohnson

  • Member
  • Posts: 330
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

The elephant raises its trunk as a sign of warning or to smell enemies or friends The elephant raises its trunk as a sign of warning or to smell enemies or friends
This Black-browed Albatross has been hooked on a long-line. This Black-browed Albatross has been hooked on a long-line.
(a) The relative age ranges of different dating techniques depend upon the half-life of the system u (a) The relative age ranges of different dating techniques depend upon the half-life of the system u
Associative Long-Term Potentiation Associative Long-Term Potentiation
Varieties of Long-Term Memory Varieties of Long-Term Memory
Major Categories of Long-Term Memory Major Categories of Long-Term Memory
Video: Metabolic Rate, Heat and Thermoregulation - response to heat and cold stresses

For a complete list of videos, visit our video library