« previous next »

Author Question: Refer to Figure 9.1. Assume the economy is initially at point A. The eventual change from a shock ... (Read 40 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?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Myopia (nearsightedness). In the uncorrected top figure, the image comes into focus in front of the Myopia (nearsightedness). In the uncorrected top figure, the image comes into focus in front of the
The second half of life brings a change from outward to inward concerns and from physical to ... The second half of life brings a change from outward to inward concerns and from physical to ...
Climate Change Climate Change
Climate Change: Volcanoes Climate Change: Volcanoes
If a graph has the following x-intercepts, which value of x is the instantaneous rate of change ... If a graph has the following x-intercepts, which value of x is the instantaneous rate of change ...
A spherical water tank with an inner radius of 4 m has its lowest point 3 m ... A spherical water tank with an inner radius of 4 m has its lowest point 3 m ...
Video: Double Vacuum Process (Illustration No Audio)

For a complete list of videos, visit our video library