« previous next »

Author Question: Economists use general equilibrium models of an economy to explain A) consumption levels. B) ... (Read 108 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?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Nursing care delivery models Nursing care delivery models
Possible Models for DNA Replication Possible Models for DNA Replication
A fuel composition tester (SPX Kent-Moore J-44175) is the recommended tool, by General Motors, to ... A fuel composition tester (SPX Kent-Moore J-44175) is the recommended tool, by General Motors, to ...
North America and the Global Economy North America and the Global Economy
General Characteristics of Nervous Tissue General Characteristics of Nervous Tissue
Models of the lac repressor and its binding to operator sites in DNA Models of the lac repressor and its binding to operator sites in DNA
Video: Metabolic Rate, Heat and Thermoregulation - response to heat and cold stresses

For a complete list of videos, visit our video library