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

Author Question: When a recession is triggered by a(n) ________ in autonomous expenditure, and as the economy turns ... (Read 72 times)

asmith134

  • Hero Member
  • *****
  • Posts: 576
When a recession is triggered by a(n) ________ in autonomous expenditure, and as the economy turns the corner into ________, real GDP exceeds aggregate planned expenditure and unplanned inventories ________.
 
  A) increase; recession; increase
  B) decrease; expansion; decrease
  C) decrease; expansion; increase
  D) decrease; recession; decrease
  E) decrease; recession; increase

Question 2

The figure above shows how the PPF for cell phones and new cell-phone factories can expand. In the figure, if the economy chose the point on this year's PPF that is above point K, the next year's PPF would
 
  A) shift inward along the vertical axis.
  B) shift inward along the horizontal axis.
  C) shift outward along the horizontal axis farther than the new PPF shown in the figure.
  D) shift outward along the vertical axis, not along the horizontal axis.
  E) shift outward along the horizontal axis, but not as far as the new PPF shown in the figure.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mmj22343

  • Sr. Member
  • ****
  • Posts: 297
Answer to Question 1

E

Answer to Question 2

C




asmith134

  • Member
  • Posts: 576
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


kswal303

  • Member
  • Posts: 316
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

For a complete list of videos, visit our video library