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Author Question: How does the aggregate demand curve reflect an increase in aggregate demand? What will be an ... (Read 151 times)

dejastew

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on: Jun 29, 2018
How does the aggregate demand curve reflect an increase in aggregate demand?
 
  What will be an ideal response?

Question 2

The result of the Cutler-Reber study of different insurance plans was
 
  A) increased moral hazard among the insured.
  B) increased adverse selection among the insured.
  C) asymmetric information was irrelevant among the insured.
  D) competition among the insured resulted in higher prices for insurance.


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cloud

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Reply #1 on: Jun 29, 2018
Answer to Question 1

An increase in aggregate demand means that the aggregate demand curve shifts rightward.

Answer to Question 2

B


dejastew

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

mohan

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

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