Author Question: In the short-run, an increase in the price of raw materials will ________ the price level and ... (Read 90 times)

lidoalex

  • Hero Member
  • *****
  • Posts: 538
In the short-run, an increase in the price of raw materials will ________ the price level and ________ real GDP.
 
  A) raise; increase
  B) lower; increase
  C) lower; decrease
  D) raise; decrease
  E) raise; not change

Question 2

According to this Application, international statistics show that the developing countries are ________ and the developed countries are ________.
 
  A) creditors; creditors B) creditors; debtors C) debtors; debtors D) debtors; creditors



brittiany.barnes

  • Sr. Member
  • ****
  • Posts: 321
Answer to Question 1

D

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

For a complete list of videos, visit our video library