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

Author Question: When aggregate planned expenditure is less than GDP, A) the economy definitely is at its ... (Read 74 times)

nummyann

  • Hero Member
  • *****
  • Posts: 576
on: Jun 29, 2018
When aggregate planned expenditure is less than GDP,
 
  A) the economy definitely is at its equilibrium expenditure but even so, firms decrease production.
  B) firms increase production until the economy reaches equilibrium expenditure.
  C) the economy definitely is at its equilibrium expenditure and firms do not change production.
  D) firms decrease production until the economy reaches equilibrium expenditure.
  E) the economy might be at its equilibrium expenditure and if it is, firms do not change their production.

Question 2

Referring to Figure 19.1, if the exchange rate is currently 11 pesos per dollar, then we expect the dollar to ________ and the peso to ________.
 
  A) depreciate; depreciate B) appreciate; depreciate
  C) depreciate; appreciate D) appreciate; appreciate


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

wuly

  • Sr. Member
  • ****
  • Posts: 327
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


nummyann

  • Member
  • Posts: 576
Reply 2 on: Jun 29, 2018
:D TYSM

ryhom

  • Member
  • Posts: 366
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

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

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

Every flu season is different, and even healthy people can get extremely sick from the flu, as well as spread it to others. The flu season can begin as early as October and last as late as May. Every person over six months of age should get an annual flu vaccine. The vaccine cannot cause you to get influenza, but in some seasons, may not be completely able to prevent you from acquiring influenza due to changes in causative viruses. The viruses in the flu shot are killed—there is no way they can give you the flu. Minor side effects include soreness, redness, or swelling where the shot was given. It is possible to develop a slight fever, and body aches, but these are simply signs that the body is responding to the vaccine and making itself ready to fight off the influenza virus should you come in contact with it.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it. In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it.
Table 6.1 illustrates the main regime types and their differences. It breaks the regimes into four Table 6.1 illustrates the main regime types and their differences. It breaks the regimes into four
Many diesel fuel additives increase the cetane rating which results in improved fuel economy. Many diesel fuel additives increase the cetane rating which results in improved fuel economy.
A Tough Economy ...for students A Tough Economy ...for students
Consider a two-period economy with no investment opportunities: first and second period output ... Consider a two-period economy with no investment opportunities: first and second period output ...
economy manegment economy manegment
Video: Factors that increase metabolic rate and heat production

For a complete list of videos, visit our video library