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

Author Question: According to the simple Keynesian model, when planned expenditure exceeds income a. prices rise. ... (Read 73 times)

sc00by25

  • Hero Member
  • *****
  • Posts: 596
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
Answer to Question 1

B

Answer to Question 2

D




sc00by25

  • Member
  • Posts: 596
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


Hdosisshsbshs

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

For a complete list of videos, visit our video library