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 32 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
Thanks for the timely response, appreciate it

billybob123

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Structure of the ovary and uterine (fallopian) tube. Figure illustrates stages of ovum development a Structure of the ovary and uterine (fallopian) tube. Figure illustrates stages of ovum development a
Chemical equilibrium and the law of mass action. Chemical equilibrium and the law of mass action.
Dew-Point Thresholds Dew-Point Thresholds
Ethanol has the molecular formula C2H6O. Which ball and stick model shown above represents ... Ethanol has the molecular formula C2H6O. Which ball and stick model shown above represents ...
Relationship Between the Atlas and the Axis. The Dens of the Axis Provides a Pivotal Point Around Wh Relationship Between the Atlas and the Axis. The Dens of the Axis Provides a Pivotal Point Around Wh
Figure 2.15.jpg Figure 2.15.jpg
Video: DNA Replication Factory and Protein

For a complete list of videos, visit our video library