« previous next »

Author Question: Other things being equal, along an aggregate demand curve, a higher price level is associated with ... (Read 80 times)

kaid0807

  • Hero Member
  • *****
  • Posts: 515
on: Jun 30, 2018
Other things being equal, along an aggregate demand curve, a higher price level is associated with
 
  A) a lower nominal GDP. B) a higher real GDP.
  C) higher income levels. D) a lower real GDP.

Question 2

Why is there NO persistent unemployment in the classical model?
 
  A) Unionization creates job security for workers.
  B) The wage level adjusts to eliminate unemployment.
  C) The interest rate adjusts to eliminate unemployment.
  D) The rate of economic growth is always high enough to allow those who want to work at current wages to find jobs.


alexanderhamilton

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Your heart beats over 36 million times a year.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

The titration curve of the buffer acetic acid (CH3COOH) The titration curve of the buffer acetic acid (CH3COOH)
The tarsier is a haplorhine, and may represent an evolutionary bridge between lower and higher prima The tarsier is a haplorhine, and may represent an evolutionary bridge between lower and higher prima
Shy children often have a high arousal level in novel social situations. Over time, parents can help ... Shy children often have a high arousal level in novel social situations. Over time, parents can help ...
Numerical pain level chart with word modifiers. Numerical pain level chart with word modifiers.
The four levels of PPE according to the EPA (from left to right): Level A, Level B, Level C, and ... The four levels of PPE according to the EPA (from left to right): Level A, Level B, Level C, and ...
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 ...
Video: Hierarchical Sequencing Method - Sequence Tagged Sites

For a complete list of videos, visit our video library