« previous next »

Author Question: The IS curve is Y = 20 - 1.5r, and the aggregate demand curve is Y = 15.5 - 0.3. When the inflation ... (Read 38 times)

maychende

  • Hero Member
  • *****
  • Posts: 556
on: Jun 30, 2018
The IS curve is Y = 20 - 1.5r, and the aggregate demand curve is Y = 15.5 - 0.3. When the inflation rate is 3 percent, output is ________.
 
  A) 20
  B) 14.6
  C) 9.5
  D) 3.6
  E) none of the above

Question 2

An increase in autonomous investment in a small open economy will cause ________.
 
  A) a trade surplus to shrink
  B) a trade deficit to increase
  C) lower net capital outflows
  D) all of the above
  E) none of the above


millet

  • Sr. Member
  • ****
  • Posts: 354
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Observable Universe Before and After Inflation Observable Universe Before and After Inflation
An Oil-dependent World— Supply and Demand Driven An Oil-dependent World— Supply and Demand Driven
How to find the equation of a cosine curve How to find the equation of a cosine curve
Linear dose-response curve Linear dose-response curve
Growth in the demand for oil from the developing world Growth in the demand for oil from the developing world
Effects of acidosis and alkalosis on the oxyhemoglobin dissociation curve Effects of acidosis and alkalosis on the oxyhemoglobin dissociation curve
Video: Semidiscontinuous DNA replication

For a complete list of videos, visit our video library