An increase in the price level ________ the aggregate quantity supplied and ________ the aggregate quantity demanded.
A) increases; decreases
B) does not change; decreases
C) decreases; increases
D) decreases; decreases
E) increases; increases
Question 2
An insight into business cycles is gained by the fact that
A) changes in real GDP result in changes in autonomous expenditures.
B) at a peak, a decrease in autonomous expenditure leads to a decrease in induced expenditure.
C) autonomous expenditure does not change at either a peak or a trough.
D) at a peak, autonomous expenditure increases, thereby leading to a recession.
E) at a trough, induced expenditure decreases, thereby leading to an expansion.
Primary production increases with an increase in total phosphorus concentration.
Energy Level Diagram of Hydrogen
Atmospheric pressure decreases with increase in altitude.
Control of blood glucose level.
How to create a price index to calculate inflation for a basket of goods
Real Price of Oil, 1861–2010