Author Question: All else equal, if oil prices increase, annual oil consumption will ________ and the years it will ... (Read 93 times)

cool

  • Hero Member
  • *****
  • Posts: 570
All else equal, if oil prices increase, annual oil consumption will ________ and the years it will take to deplete the stock of oil will most likely ________.
 
  A) decrease; increase.
  B) decrease; decrease
  C) increase; increase
  D) increase; decrease

Question 2

The change illustrated in the figure above is part of the transmission process of the Fed's monetary policy.
 
  As a result of the increase in the supply of loanable funds, in the short run aggregate demand ________, aggregate supply ________, and potential GDP ________.
  A) increases; does not change; does not change
  B) increases; increases; increases
  C) decreases; increases; increases
  D) increases; decreases; decreases
  E) decreases; decreases; decreases



ecox1012

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

A

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

For a complete list of videos, visit our video library