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

Author Question: According to the simple Keynesian model, when planned expenditure exceeds income a. prices rise. ... (Read 48 times)

sc00by25

  • Hero Member
  • *****
  • Posts: 596
on: Jun 30, 2018
According to the simple Keynesian model, when planned expenditure exceeds income
 
  a. prices rise.
  b. unplanned inventory investment is negative.
  c. income falls.
  d. planned expenditure falls.
  e. both b and d.

Question 2

When drawn against the current real wage, the labor demand curve is
 
  A) upward sloping because the marginal product of labor rises with the quantity of labor employed.
  B) upward sloping because the marginal product of labor declines with the quantity of labor employed.
  C) downward sloping because the marginal product of labor rises with the quantity of labor employed.
  D) downward sloping because the marginal product of labor declines with the quantity of labor employed.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

duke02

  • Sr. Member
  • ****
  • Posts: 312
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

D


sc00by25

  • Member
  • Posts: 596
Reply 2 on: Jun 30, 2018
Wow, this really help

upturnedfurball

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Average Global Temperature Rise over the Past Century Average Global Temperature Rise over the Past Century
Steady State in the Two-Country Model Steady State in the Two-Country Model
The Malthusian Model The Malthusian Model
Simple Mathematical Rules Useful in Working Genetics Problems Simple Mathematical Rules Useful in Working Genetics Problems
Holley’s two-dimensional cloverleaf model of transfer RNA Holley’s two-dimensional cloverleaf model of transfer RNA
Insect with a Simple Brain Insect with a Simple Brain
Video: Baroreceptor Reflex

For a complete list of videos, visit our video library