Author Question: The above figures show the market for HD televisions. If the technology used to produce these ... (Read 138 times)

vicotolentino

  • Hero Member
  • *****
  • Posts: 552
The above figures show the market for HD televisions. If the technology used to produce these televisions advances so that productivity increases, which figure shows the effect of this change?
 
  A) Figure A
  B) Figure B
  C) Figure C
  D) Figure D
  E) None of the figures represent this change.

Question 2

Starting from a situation of full employment, an increase in aggregate demand creates ________ and ________ the price level.
 
  A) an inflationary gap; raises
  B) a recessionary gap; lowers
  C) a recessionary gap; raises
  D) a recessionary gap; does not change
  E) an inflationary gap; lowers


BUTTHOL369

  • Sr. Member
  • ****
  • Posts: 341
Answer to Question 1

C

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

For a complete list of videos, visit our video library