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Author Question: What factor changes the quantity of real GDP supplied and results in a movement along the AS curve? ... (Read 80 times)

faduma

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on: Jun 29, 2018
What factor changes the quantity of real GDP supplied and results in a movement along the AS curve?
 
  What will be an ideal response?

Question 2

Using this consumption function, autonomous consumption is
 
  A) 0.
  B) between 1 and 2 trillion.
  C) more than 2 trillion and less that 5 trillion.
  D) more than 5 trillion and less than 8 trillion.
  E) more than 8 trillion.


Chelseyj.hasty

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Reply #1 on: Jun 29, 2018
Answer to Question 1

Changes in the price level change the quantity of real GDP supplied and result in a movement along the AS curve.

Answer to Question 2

B


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