This topic contains a solution. Click here to go to the answer

Author Question: What is the relationship between the slope of the aggregate expenditure curve and the expenditure ... (Read 59 times)

MGLQZ

  • Hero Member
  • *****
  • Posts: 579
What is the relationship between the slope of the aggregate expenditure curve and the expenditure multiplier?
 
  What will be an ideal response?

Question 2

Moving along the short-run Phillips curve, a ________ unemployment rate can only be achieved by paying the cost of ________.
 
  A) lower; a lower inflation rate
  B) lower; a lower price level
  C) lower; a higher expected inflation rate
  D) lower; a higher inflation rate
  E) higher; a higher inflation rate



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

princessflame2016

  • Sr. Member
  • ****
  • Posts: 298
Answer to Question 1

The expenditure multiplier equals . This relationship exists regardless of the existence or absence of imports or income taxes.

Answer to Question 2

D




MGLQZ

  • Member
  • Posts: 579
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


tkempin

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

For a complete list of videos, visit our video library