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

Author Question: In the classical model, what is the result of an increase in aggregate demand? A) The price level ... (Read 60 times)

fagboi

  • Hero Member
  • *****
  • Posts: 535
on: Jun 30, 2018
In the classical model, what is the result of an increase in aggregate demand?
 
  A) The price level increases, and real GDP remains constant.
  B) The price level decreases, and real GDP remains constant.
  C) Real GDP increases, and the price level remains constant.
  D) Real GDP decreases, and the price level remains constant.

Question 2

Which of the following pairs of goods is likely to be considered complements?
 
  A) Nokia and Samsung cell phones B) Laptops and electric heaters
  C) Motorcycles and typewriters D) Pens and writing pads


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

enass

  • Sr. Member
  • ****
  • Posts: 380
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

D


fagboi

  • Member
  • Posts: 535
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

ricroger

  • Member
  • Posts: 352
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

The Holliday model for homologous recombination The Holliday model for homologous recombination
Inflamed skin (dermatitis) can result from pellagra Inflamed skin (dermatitis) can result from pellagra
Increase in total spending in presidential campaigns, 1976-2020 Increase in total spending in presidential campaigns, 1976-2020
The retail price of a packaged CD is $60.00, which includes a tax of 4%. What is the actual ... The retail price of a packaged CD is $60.00, which includes a tax of 4%. What is the actual ...
Refer to Scenario 3.1. If the price of potato chips is $0.50 and the price of Cola is $4.00, ... Refer to Scenario 3.1. If the price of potato chips is $0.50 and the price of Cola is $4.00, ...
Model for ecosystems on land Model for ecosystems on land
Video: TRH/TSH/Thyroid hormone

For a complete list of videos, visit our video library