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Author Question: In the above figure, the distance between points T and U represents A) an expansion. B) a ... (Read 56 times)

ssal

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In the above figure, the distance between points T and U represents
 
  A) an expansion.
  B) a trough.
  C) a peak.
  D) a recession.

Question 2

The aggregate demand curve shows that, if other factors are held constant, the higher the price level, the
 
  A) greater the quantity of real GDP demanded.
  B) smaller the quantity of real GDP demanded.
  C) larger consumption expenditure.
  D) None of the above answers is correct.



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Andromeda18

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Answer to Question 1

A

Answer to Question 2

B




ssal

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


CAPTAINAMERICA

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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