This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If the quantity of a good exchanged increased, a. It would also increase the price if it was caused ... (Read 79 times)

Sportsfan2111

  • Hero Member
  • *****
  • Posts: 585
on: Jun 30, 2018
If the quantity of a good exchanged increased,
 a. It would also increase the price if it was caused by a shift in demand.
 b. It would also increase the price if it was caused by a shift in supply.
 c. We would not know how price would change if we didn't know whether it was due a shift in demand or a shift in supply.
  d. Answers a. and c. would both be true.

Question 2

If the MPC = 3/4, an increase in government purchases of 40 billion will ultimately lead to:
 a. a 160 billion increase in aggregate demand.
  b. a 40 billion increase in aggregate demand.
  c. a 30 billion increase in aggregate demand.
  d. a 30 billion decrease in aggregate demand.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

C.mcnichol98

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

a


Sportsfan2111

  • Member
  • Posts: 585
Reply 2 on: Jun 30, 2018
:D TYSM

ultraflyy23

  • Member
  • Posts: 312
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

European Rabbit in Shropshire, England, infected with myxomatosis, a disease caused by the Myxoma vi European Rabbit in Shropshire, England, infected with myxomatosis, a disease caused by the Myxoma vi
Feedback mechanisms of the thyroid gland: (1) stimulus; (2) release of TSH; (3) release of thyroid h Feedback mechanisms of the thyroid gland: (1) stimulus; (2) release of TSH; (3) release of thyroid h
Chronic disease is caused by a mixture of genetic and environmental influences Chronic disease is caused by a mixture of genetic and environmental influences
Humburger is a good source of niacin , vitamin B6 and pantothenic acid Humburger is a good source of niacin , vitamin B6 and pantothenic acid
Too Much Alcohol Costs You Good Nutrition Too Much Alcohol Costs You Good Nutrition
Crown gall disease caused by Agrobacterium via plant transformation Crown gall disease caused by Agrobacterium via plant transformation
Video: Ionic bonds - role of ions in the body

For a complete list of videos, visit our video library