« previous next »

Author Question: Economists use general equilibrium models of an economy to explain A) consumption levels. B) ... (Read 73 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?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

General features of a growth factor or hormone signalling pathway that promotes cell division General features of a growth factor or hormone signalling pathway that promotes cell division
A genetic bottleneck reduces a population temporarily to very low levels, removing much of its genet A genetic bottleneck reduces a population temporarily to very low levels, removing much of its genet
Rising sea levels will affect millions in coastal zones and on islands Rising sea levels will affect millions in coastal zones and on islands
Please fully explain the answer with steps Please fully explain the answer with steps
Two Models for the Origin of H. sapiens Two Models for the Origin of H. sapiens
General mechanism of sperm formation in animals General mechanism of sperm formation in animals
Video: Blood Test Basics

For a complete list of videos, visit our video library