Author Question: If units of pizza are plotted on the horizontal axis, and units of hot dogs plotted on the vertical ... (Read 211 times)

natalie2426

  • Hero Member
  • *****
  • Posts: 524
If units of pizza are plotted on the horizontal axis, and units of hot dogs plotted on the vertical axis, and the price of a hot dog increases the
 
  A) x-intercept and the slope of the budget line will increase.
  B) y-intercept and the slope of the budget line will increase.
  C) x-intercept and the slope of the budget line will decrease.
  D) y-intercept and the slope of the budget line will decrease.

Question 2

In the short run, a decrease in government expenditure ________ real GDP and ________ the price level.
 
  A) increases; increases
  B) increases; decreases
  C) decreases; increases
  D) decreases; decreases



gstein359

  • Sr. Member
  • ****
  • Posts: 293
Answer to Question 1

D

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

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

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

For a complete list of videos, visit our video library