This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In the figure above, the shift in the aggregate demand curve from AD1 to AD3 could be the result of ... (Read 88 times)

jake

  • Hero Member
  • *****
  • Posts: 538
on: Jun 29, 2018
In the figure above, the shift in the aggregate demand curve from AD1 to AD3 could be the result of an increase in
 
  A) the price level.
  B) foreign incomes.
  C) aggregate supply.
  D) the foreign exchange rate.
  E) expected future income.

Question 2

The above figure shows the production possibility frontier for a country. Suppose the country is producing at point A. What is the opportunity cost of increasing the production of rice to 12 tons?
 
  A) 6 thousand bottles of wine
  B) 9 thousand bottles of wine
  C) 15 thousand bottles of wine
  D) 12 tons of rice
  E) Nothing, it is a free lunch.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

brbarasa

  • Sr. Member
  • ****
  • Posts: 308
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

A


jake

  • Member
  • Posts: 538
Reply 2 on: Jun 29, 2018
Wow, this really help

Laurenleakan

  • Member
  • Posts: 309
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Guttation, the result of root pressure. Guttation, the result of root pressure.
As a result of sharing its environment with humans, this macaque had the opportunity to steal an ast As a result of sharing its environment with humans, this macaque had the opportunity to steal an ast
C. Wright Mills (1916-1962) was a controversial figure in sociology because of his analysis of the ... C. Wright Mills (1916-1962) was a controversial figure in sociology because of his analysis of the ...
Demonstrate the Application of Triangular, Figure-Eight, and Tubular Bandages Demonstrate the Application of Triangular, Figure-Eight, and Tubular Bandages
The introduction of a new generation of electric and hybrid cars will reduce the demand for oil The introduction of a new generation of electric and hybrid cars will reduce the demand for oil
As a result of a hole in the graph, which of the following functions does not have an average ... As a result of a hole in the graph, which of the following functions does not have an average ...
Video: Factors that affect conduction rates (myelination, axon diameter & temperature)

For a complete list of videos, visit our video library