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

Author Question: A decrease in the general price level is associated with an upward shift in the aggregate ... (Read 79 times)

Jramos095

  • Hero Member
  • *****
  • Posts: 528
on: Jun 30, 2018
A decrease in the general price level is associated with an upward shift in the aggregate expenditures function.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

If an increase in the price of Good X causes a decrease in the demand for Good Y, we can conclude that:
 a. Goods X and Y are complements.
  b. Goods X and Y are substitutes.
 c. Goods X and Y are normal goods.
  d. the price of Good Y will increase.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

lin77x

  • Sr. Member
  • ****
  • Posts: 326
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

a


Jramos095

  • Member
  • Posts: 528
Reply 2 on: Jun 30, 2018
Gracias!

recede

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

A replaceable PROM used in an older General Motors computer. Notice that the sealed access panel ... A replaceable PROM used in an older General Motors computer. Notice that the sealed access panel ...
The piston creates a tumbling force as it moves upward. The piston creates a tumbling force as it moves upward.
A general model of the sensorimotor system. Notice its hierarchical structure, functional ... A general model of the sensorimotor system. Notice its hierarchical structure, functional ...
World Mean Sea-Level Temperatures in July World Mean Sea-Level Temperatures in July
The net price of an article is $79.84. What is the list price if a discount of 23% was allowed? The net price of an article is $79.84. What is the list price if a discount of 23% was allowed?
General strategies of forward and reverse genetics General strategies of forward and reverse genetics
Video: Conduction of action potentials

For a complete list of videos, visit our video library