« previous next »

Author Question: If business cycles are caused by changes in aggregate supply, you would expect to see a. prices ... (Read 47 times)

laurencescou

  • Hero Member
  • *****
  • Posts: 593
on: Jun 30, 2018
If business cycles are caused by changes in aggregate supply, you would expect to see
 
  a. prices and unemployment moving in the same direction.
  b. price and unemployment moving in opposite directions.
  c. prices not moving with unemployment.
  d. unemployment is not included in the Keynesian model.

Question 2

How did laborers benefit from World War I (191418)?
 
  (a) Their nominal take-home pay rose more than prices increased.
  (b) They were placed in military jobs that paid wages higher than
  private sector jobs.
  (c) High-paying jobs in the private sector were created to support
  the war effort.
  (d) Real GNP and national income fell during and shortly after the war.


briseldagonzales

  • Sr. Member
  • ****
  • Posts: 303
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

(a)


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

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

supply chain supply chain
That politics was always a rough business is shown in this cartoon, which shows Lincoln, assisted by That politics was always a rough business is shown in this cartoon, which shows Lincoln, assisted by
The Weather Business: A Brief Overview The Weather Business: A Brief Overview
Aggregate Fruits: Blackberry Aggregate Fruits: Blackberry
Steps in most viral replication cycles Steps in most viral replication cycles
Business question Business question
Video: Sex-Linked Traits! How are eye colors inherited in fruit flies?

For a complete list of videos, visit our video library