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

Author Question: The short-run aggregate supply curve in modern Keynesian analysis is A) downward sloping. B) ... (Read 123 times)

newyorker26

  • Hero Member
  • *****
  • Posts: 536
on: Jun 30, 2018
The short-run aggregate supply curve in modern Keynesian analysis is
 
  A) downward sloping. B) horizontal.
  C) vertical. D) upward sloping.

Question 2

A factory in Techland could not sell 20 of its output during a certain year due to a decrease in demand for its product. Which of the following would have happened if it produced 20 less?
 
  A) Techland's GDP would have been higher.
  B) Techland's GDP would have been lower.
  C) Techland's trade deficit would have been less.
  D) Techland's GDP would have remained the same.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ASDFGJLO

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

B


newyorker26

  • Member
  • Posts: 536
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

brbarasa

  • Member
  • Posts: 308
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

The rate of evolution in short­ and long­lived plants The rate of evolution in short­ and long­lived plants
Coronary circulation. (A) Coronary vessels portraying the complexity and extent of the coronary circ Coronary circulation. (A) Coronary vessels portraying the complexity and extent of the coronary circ
ABG Analysis ABG Analysis
Titration curve for the tetrapeptide Glu-Gly-Ala-Lys Titration curve for the tetrapeptide Glu-Gly-Ala-Lys
Blood Supply to the Lungs Blood Supply to the Lungs
Table - Analysis Table - Analysis
Video: Interspecific Competition Relationship - Competitive & Niche Differentiation

For a complete list of videos, visit our video library