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

Author Question: When the price level rises as a result of a decrease in aggregate supply, it is called cost-push ... (Read 113 times)

shenderson6

  • Hero Member
  • *****
  • Posts: 573
When the price level rises as a result of a decrease in aggregate supply, it is called cost-push inflation.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

A trade deficit involves:
 a. net flows of goods from foreign countries to the domestic government.
  b. net money flows from the foreign firms to the domestic government.
  c. net money flows from the domestic firms to the domestic government.
  d. net money flows from the foreign firms to the domestic firms.
  e. net flows of goods from foreign countries to the domestic firms.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

pallen55

  • Sr. Member
  • ****
  • Posts: 331
Answer to Question 1

True

Answer to Question 2

e





 

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

For a complete list of videos, visit our video library