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 133 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
Excellent


lkanara2

  • Member
  • Posts: 329
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

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?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

For a complete list of videos, visit our video library