Author Question: A change in the price level A) shifts the AE curve and creates a movement along the AD curve. B) ... (Read 100 times)

cabate

  • Hero Member
  • *****
  • Posts: 537
A change in the price level
 
  A) shifts the AE curve and creates a movement along the AD curve.
  B) creates a movement along both the AE curve and the AD curve.
  C) shifts the AE curve and the AD curve in opposite directions.
  D) creates a movement along the AE curve and shifts the AD curve.
  E) shifts the AE curve and the AD curve in the same direction.

Question 2

Some economists believe that the Asian crisis in 1997
 
  A) could have been avoided if stronger action had been taken by major countries and international agencies.
  B) was inevitable since most of the economies were experiencing slow economic growth.
  C) was made worse by the refusal of the IMF to take any actions.
  D) was necessary to rid those economies of inflation.



johnpizzaz

  • Sr. Member
  • ****
  • Posts: 345
Answer to Question 1

A

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

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