« previous next »

Author Question: Economists use general equilibrium models of an economy to explain A) consumption levels. B) ... (Read 102 times)

nummyann

  • Hero Member
  • *****
  • Posts: 576
on: Jun 30, 2018
Economists use general equilibrium models of an economy to explain
 
  A) consumption levels.
  B) production levels.
  C) relative prices.
  D) All of the above.

Question 2

If a currency rapidly depreciates, what are the possible negative results to the economy of using contractionary monetary policy to address the depreciation?
 
  What will be an ideal response?


Expo

  • Sr. Member
  • ****
  • Posts: 351
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

National income falls and perhaps the economy goes into a recession.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Worldwide Variations in Population and Income Levels Worldwide Variations in Population and Income Levels
Flying Horse Poised on One Leg on a Swallow, from the tomb of Governor-General Zhang at Wuwei, ... Flying Horse Poised on One Leg on a Swallow, from the tomb of Governor-General Zhang at Wuwei, ...
How to set up and solve linear models (Question 3) How to set up and solve linear models (Question 3)
Climate models Climate models
ACCM Definitions of ICU Levels of Care ACCM Definitions of ICU Levels of Care
Write equilibrium constant expressions for the following reactions in terms of concentration: Write equilibrium constant expressions for the following reactions in terms of concentration:
Video: Arthroscopy

For a complete list of videos, visit our video library