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Author Question: When the SRAS curve slopes upward, the actual affect of an increase in real autonomous spending on ... (Read 120 times)

neverstopbelieb

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on: Jun 30, 2018
When the SRAS curve slopes upward, the actual affect of an increase in real autonomous spending on equilibrium real GDP is smaller than predicted by the multiplier because
 
  A) the price level rises B) the price level falls.
  C) real GDP increases. D) real GDP decreases.

Question 2

Which of the following is NOT directly related to human capital?
 
  A) a summer internship
  B) an MRI machine
  C) an understanding of real estate markets
  D) a college education
  E) knowledge of computer programing


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hramirez205

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

A

Answer to Question 2

B


neverstopbelieb

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

recede

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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