This topic contains a solution. Click here to go to the answer

Author Question: Each point on the supply curve shows the: a. amount that people want to buy at that price. b. ... (Read 76 times)

charchew

  • Hero Member
  • *****
  • Posts: 579
Each point on the supply curve shows the:
 a. amount that people want to buy at that price.
 b. quantity supplied at that price.
 c. productive capacity of an individual producer.
 d. the amount producers want to sell to buyers of different income levels.

Question 2

Which of the following is true when there is a recessionary gap?
 a. Real output exceeds the natural level of real output.
 b. Unemployment exceeds the natural rate of unemployment.
  c. Employment exceeds full employment.
 d. All of the above are true when there is a recessionary gap.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

scikid

  • Sr. Member
  • ****
  • Posts: 300
Answer to Question 1

b

Answer to Question 2

c




charchew

  • Member
  • Posts: 579
Reply 2 on: Jun 30, 2018
:D TYSM


lindahyatt42

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

For a complete list of videos, visit our video library