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Author Question: If the price level falls and the money wage rate does not change, some firms ________ and there is ... (Read 95 times)

rosent76

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  • Posts: 516
on: Jun 30, 2018
If the price level falls and the money wage rate does not change, some firms ________ and there is ________.
 
  A) shut down; a leftward shift of the aggregate supply curve
  B) start up; a rightward shift of the aggregate supply curve
  C) start up; an increase in potential GDP
  D) shut down; a decrease in the quantity of real GDP supplied
  E) shut down; a decrease in potential GDP

Question 2

When a U.S. company makes a 200,000 donation to the International Red Cross to help the victims of an earthquake in India, the transaction is recorded in the
 
  A) current account.
  B) one-way donations account.
  C) international help account.
  D) capital and financial account.
  E) official settlements account.


s.meritte

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

A


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