Author Question: Economic growth would be illustrated by A) a rightward shift of aggregate demand. B) a leftward ... (Read 69 times)

jparksx

  • Hero Member
  • *****
  • Posts: 570
Economic growth would be illustrated by
 
  A) a rightward shift of aggregate demand.
  B) a leftward shift of aggregate demand.
  C) a rightward shift of aggregate supply.
  D) a leftward shift of aggregate supply.

Question 2

For a country in autarky, the opportunity cost of the good on the horizontal axis is the same as
 
  A) the relative price of the good on the vertical axis.
  B) the relative price of the good on the horizontal axis.
  C) the opportunity cost of the good on the vertical axis.
  D) the nominal price of the good on the horizontal axis.


flannelavenger

  • Sr. Member
  • ****
  • Posts: 322
Answer to Question 1

C

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

For a complete list of videos, visit our video library