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

Author Question: According to the classical model, changes in aggregate demand are driven by a. changes in taxes. ... (Read 61 times)

strangeaffliction

  • Hero Member
  • *****
  • Posts: 660
According to the classical model, changes in aggregate demand are driven by
 
  a. changes in taxes.
  b. changes in borrowing and lending.
  c. changes in fiscal policy.
  d. demand curve to the left and increases the price level.

Question 2

During World War II, price controls were necessitated as shortages emerged in consumer markets. This required
 
  (a) the federal government to ration goods through tickets.
  (b) the federal distribution of rationing points.
  (c) a forced reduction in private consumption.
  (d) all of the above actions.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

meganlapinski

  • Sr. Member
  • ****
  • Posts: 333
Answer to Question 1

D

Answer to Question 2

(d)





 

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?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

For a complete list of videos, visit our video library