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

Author Question: Which of the following explains why the AD curve is downward sloping? a. a lower price level ... (Read 44 times)

acc299

  • Hero Member
  • *****
  • Posts: 569
on: Jun 30, 2018
Which of the following explains why the AD curve is downward sloping?
 
  a. a lower price level forces the government to reduce taxes, shifting the IS curve to the right and increasing income.
  b. A lower price level forces the central bank to increase the money supply, shifting the LM curve to the right and increasing income.
  c. A lower price level increases real money balances, shifting the LM curve to the right and increasing income.
  d. none of the above are correct.

Question 2

The Navigation Acts (1651 and later amendments) were intended to promote shipping and international commerce.
 
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

lkoler

  • Sr. Member
  • ****
  • Posts: 358
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

True


acc299

  • Member
  • Posts: 569
Reply 2 on: Jun 30, 2018
Excellent

chereeb

  • Member
  • Posts: 326
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Independent assortment of chromosomes at meiosis explains Mendel’s ratio Independent assortment of chromosomes at meiosis explains Mendel’s ratio
Heliotropium (marine heliotrope) lower leaf surface, showing trichomes and a few stomata Heliotropium (marine heliotrope) lower leaf surface, showing trichomes and a few stomata
Effect of Perceived Price of a Drug on Placebo Analgesia Effect of Perceived Price of a Drug on Placebo Analgesia
The risk of dying before the age of 65 gets lower as family income gets higher. The risk of dying before the age of 65 gets lower as family income gets higher.
Effleurage (A) and petrissage (B) to lower leg. Effleurage (A) and petrissage (B) to lower leg.
The level of emissions from transport in the United States is twice as high as the global average The level of emissions from transport in the United States is twice as high as the global average
Video: Inflammation and Fever

For a complete list of videos, visit our video library