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

Author Question: In the above figure, point B represents A) a recessionary gap. B) a full-employment equilibrium. ... (Read 30 times)

audragclark

  • Hero Member
  • *****
  • Posts: 579
on: Jun 29, 2018
In the above figure, point B represents
 
  A) a recessionary gap.
  B) a full-employment equilibrium.
  C) an inflationary gap.
  D) a decrease in aggregate demand.

Question 2

The quantity of real money demanded is
 
  A) negatively related to the price level.
  B) positively related to the price level.
  C) independent of the price level.
  D) proportional to the price level


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

beccamahon

  • Sr. Member
  • ****
  • Posts: 338
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

C


audragclark

  • Member
  • Posts: 579
Reply 2 on: Jun 29, 2018
Excellent

atrochim

  • Member
  • Posts: 331
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

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

Hydrocephalus. The figure on the left is a child with the enlarged ventricles of hydrocephalus. The Hydrocephalus. The figure on the left is a child with the enlarged ventricles of hydrocephalus. The
Nancy Rubins, Pleasure Point. Nancy Rubins, Pleasure Point.
Mobilize joints of the feet and ankle. Apply scissoring to metatarsals and figure-8s to toes. Dorsi- ... Mobilize joints of the feet and ankle. Apply scissoring to metatarsals and figure-8s to toes. Dorsi- ...
Alternative for pass-point test Alternative for pass-point test
As shown in the figure, a large open tank contains a layer of oil ( density 450 kg/m3) floating ... As shown in the figure, a large open tank contains a layer of oil ( density 450 kg/m3) floating ...
Which of the following represents a reaction coordinate diagram for a chemical reaction whose ... Which of the following represents a reaction coordinate diagram for a chemical reaction whose ...
Video: Primate Evolutionary Tree Animation

For a complete list of videos, visit our video library