« previous next »

Author Question: Refer to Figure 9.1. Assume the economy is initially at point A. The eventual change from a shock ... (Read 49 times)

DelorasTo

  • Hero Member
  • *****
  • Posts: 548
on: Jun 30, 2018
Refer to Figure 9.1. Assume the economy is initially at point A. The eventual change from a shock that increases investment expenditure is best represented by which long-run equilibrium combination of price level and real GDP?
 
  A) P2; Y2
  B) P3; Y1
  C) P1; Y2
  D) P2; Y1

Question 2

The American Recovery and Reinvestment Act of 2009 ________.
 
  A) was a result of the Obama administration adopting an activist approach to policymaking
  B) is still being debated after the fact in terms of its effectiveness
  C) was supported by some economists, and opposed by as many economists
  D) all of the above
  E) none of the above


Perkypinki

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Figure 7.1 shows the rapid decline in the trust of Americans in government since the 1960s. This de Figure 7.1 shows the rapid decline in the trust of Americans in government since the 1960s. This de
Types of Etiology of Shock Types of Etiology of Shock
Write the equation in general form of the line passing through the point Write the equation in general form of the line passing through the point
Historical Climate Change "تغير المناخ التاريخي" Historical Climate Change "تغير المناخ التاريخي"
Change in Blood Pressure through the Systemic Circuit Change in Blood Pressure through the Systemic Circuit
Emerson’s Three-Point Test-Cross Analysis Emerson’s Three-Point Test-Cross Analysis
Video: Conduction of action potentials

For a complete list of videos, visit our video library