Author Question: A lower domestic price level tends to: a. reduce aggregate expenditures and lower the aggregate ... (Read 61 times)

roselinechinyere27m

  • Hero Member
  • *****
  • Posts: 557
A lower domestic price level tends to:
 a. reduce aggregate expenditures and lower the aggregate quantity of goods and services supplied.
  b. reduce aggregate expenditures and lower aggregate demand.
  c. reduce aggregate expenditures and raise aggregate demand.
  d. increase aggregate expenditures and raise the aggregate quantity of goods and services demanded.
  e. increase aggregate expenditure on foreign goods and lower net exports.

Question 2

When making decisions, economists believe that individuals act rationally if they:
 a. seek to improve their own situations and not try to anticipate future consequences of their actions.
 b. only pursue the goals of the community.
 c. people do the best they can, based on their values and information, under current and future circumstances.
  d. always choose alternatives that offer the greatest financial reward.



joechoochoy

  • Sr. Member
  • ****
  • Posts: 306
Answer to Question 1

d

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

For a complete list of videos, visit our video library