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

Author Question: When a supply shock is permanent A) both the long-run and short-run aggregate supply curves shift ... (Read 98 times)

saliriagwu

  • Hero Member
  • *****
  • Posts: 537
on: Jun 30, 2018
When a supply shock is permanent
 
  A) both the long-run and short-run aggregate supply curves shift leftward.
  B) there are no shifts in either the long-run or short-run aggregate supply curve.
  C) only the long-run aggregate supply curve shifts leftward.
  D) only the short-run aggregate supply curve shifts leftward.

Question 2

If the MPS is one-third, a 100 increase in net exports will
 
  A) reduce real Gross Domestic Product (GDP) by 300.
  B) reduce real Gross Domestic Product (GDP) by 100.
  C) increase real Gross Domestic Product (GDP) by 300.
  D) increase real Gross Domestic Product (GDP) by 33.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Briannahope

  • Sr. Member
  • ****
  • Posts: 364
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

C


saliriagwu

  • Member
  • Posts: 537
Reply 2 on: Jun 30, 2018
Excellent

ecabral0

  • Member
  • Posts: 310
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Greenstick Only one side of the shaft is broken, and the other is bent (like a greenstick); usually Greenstick Only one side of the shaft is broken, and the other is bent (like a greenstick); usually
System of a patient in shock System of a patient in shock
Physiological changes during Shock Physiological changes during Shock
A Short List of Human X-Linked Recessive and X-Linked Dominant Traitsa A Short List of Human X-Linked Recessive and X-Linked Dominant Traitsa
Video: Neurosynapse Animation

For a complete list of videos, visit our video library