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 88 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
:D TYSM


tranoy

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Excellent

 

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

For a complete list of videos, visit our video library