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

Author Question: The Keynesian region of the aggregate supply curve represents an economy with: a. high unemployment ... (Read 124 times)

nmorano1

  • Hero Member
  • *****
  • Posts: 598
on: Jun 30, 2018
The Keynesian region of the aggregate supply curve represents an economy with:
 a. high unemployment and low inflation.
  b. low unemployment and low inflation.
  c. low unemployment and high inflation.
  d. high unemployment and high inflation.
  e. excess capacity but no unemployment or inflation.

Question 2

An increase in demand could be caused by
 a. a decrease in price.
 b. a decrease in income, assuming the good is inferior.
 c. buyers expecting the price of the good to fall in the near future.
  d. an increase in the price of a complement.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

karlss

  • Sr. Member
  • ****
  • Posts: 321
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

b


nmorano1

  • Hero Member
  • *****
  • Posts: 598
Reply #2 on: Jun 30, 2018
Thank you


karlss

  • Sr. Member
  • ****
  • Posts: 321
Reply #3 on: Jun 30, 2018
No problemo


« previous next »
 

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

An adult male giraffe feeding high up on an acacia An adult male giraffe feeding high up on an acacia
These adolescents have just graduated and look forward to moving on from high school and adolesence These adolescents have just graduated and look forward to moving on from high school and adolesence
The relative proportions of body region representation in the motor cortex (anterior to the central The relative proportions of body region representation in the motor cortex (anterior to the central
Distribution of Aggregate Mining Distribution of Aggregate Mining
SPE densitometry showing an M spike in the gamma region. SPE densitometry showing an M spike in the gamma region.
Region’s Culture in International Context Region’s Culture in International Context
Video: Prone Position

For a complete list of videos, visit our video library