Author Question: If inflation and unemployment is rising at the same time, then this is most likely the result of a ... (Read 22 times)

a0266361136

  • Hero Member
  • *****
  • Posts: 538
If inflation and unemployment is rising at the same time, then this is most likely the result of a shift
 
  a. downward in the aggregate demand schedule.
  b. upward in the aggregate demand schedule.
  c. downward in the aggregate supply schedule.
  d. upward in the aggregate supply schedule.
  e. none of the above can explain this

Question 2

On the gold standard, a trade deficit in the U.S. impacted the economy by producing
 
  (a) a gain of specie.
  (b) a tight supply of money.
  (c) low interest rates.
  (d) deflation.



amy.lauersdorf90

  • Sr. Member
  • ****
  • Posts: 327
Answer to Question 1

C

Answer to Question 2

(b)



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

For a complete list of videos, visit our video library