Author Question: When potential GDP increases, A) there is a movement down along the AS curve. B) there is a ... (Read 49 times)

Brittanyd9008

  • Hero Member
  • *****
  • Posts: 500
When potential GDP increases,
 
  A) there is a movement down along the AS curve.
  B) there is a movement up along the AS curve.
  C) there is neither a movement along nor a shift in the AS curve.
  D) the AS curve shifts leftward.
  E) the AS curve shifts rightward.

Question 2

When the real interest rate falls, there is
 
  A) an upward shift of the consumption function.
  B) an increase in the slope of the consumption function.
  C) a movement upward along the consumption function.
  D) a decrease in the slope of the consumption function.
  E) a downward shift of the consumption function.



Zack0mack0101@yahoo.com

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

E

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

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.

For a complete list of videos, visit our video library