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 90 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
Great answer, keep it coming :)

bigsis44

  • Member
  • Posts: 317
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Hydrocephalus. The figure on the left is a child with the enlarged ventricles of hydrocephalus. The Hydrocephalus. The figure on the left is a child with the enlarged ventricles of hydrocephalus. The
(A) Figure illustrating the location and appearance of a peptic ulcer in both the stomach and the du (A) Figure illustrating the location and appearance of a peptic ulcer in both the stomach and the du
Hip Typically occurs as a result of a fall; with osteoporosis, hip fractures can occur as a result o Hip Typically occurs as a result of a fall; with osteoporosis, hip fractures can occur as a result o
Sickle cell anemia. The clinical manifestations of sickle cell anemia result from pathologic changes Sickle cell anemia. The clinical manifestations of sickle cell anemia result from pathologic changes
Frequency distribution curve: interpatient variability in drug response. Frequency distribution curve: interpatient variability in drug response.
Misfolding or refolding of some proteins can result in disease Misfolding or refolding of some proteins can result in disease
Video: Hormones and the menstrual cycle Animation

For a complete list of videos, visit our video library