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

Author Question: A lower price level combined with a decrease in real GDP occurs when the A) short-run aggregate ... (Read 72 times)

swpotter12

  • Hero Member
  • *****
  • Posts: 527
A lower price level combined with a decrease in real GDP occurs when the
 
  A) short-run aggregate supply curve shifts rightward.
  B) short-run aggregate supply curve shifts leftward.
  C) aggregate demand curve shifts rightward.
  D) aggregate demand curve shifts leftward.

Question 2

Today, the United States is a
 
  I. net borrower.
  II. net lender.
  III. debtor nation.
  IV. creditor nation.
  A) I and IV
  B) II and IV
  C) I and III
  D) II and III



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mk6555

  • Sr. Member
  • ****
  • Posts: 310
Answer to Question 1

D

Answer to Question 2

C




mk6555

  • Sr. Member
  • ****
  • Posts: 310

 

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?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

For a complete list of videos, visit our video library