« previous next »

Author Question: In the _______ range of the aggregate supply curve, expansionary fiscal policy that causes aggregate ... (Read 41 times)

nautica902

  • Hero Member
  • *****
  • Posts: 591
on: Jun 30, 2018
In the _______ range of the aggregate supply curve, expansionary fiscal policy that causes aggregate ______ to increase will lead to a higher price level and a higher equilibrium level of real GDP.
 a. Keynesian, supply
 b. Classical, demand
 c. Intermediate, demand
  d. Intermediate, supply

Question 2

A decrease in the money supply:
 a. lowers the interest rate, causing a decrease in investment and a decrease in GDP.
  b. lowers the interest rate, causing a decrease in investment and an increase in GDP.
  c. raises the interest rate, causing an increase in investment and a decrease in GDP.
  d. raises the interest rate, causing an increase in investment and an increase in GDP.
  e. raises the interest rate, causing a decrease in investment and a decrease in GDP.


josephsuarez

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

e


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

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?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Range of Motion of the Hip Joint, Internal and External Rotation Range of Motion of the Hip Joint, Internal and External Rotation
Myocardial Oxygen supply and demand Myocardial Oxygen supply and demand
A leaking head gasket can cause the needle to vibrate as it moves through a range from below to ... A leaking head gasket can cause the needle to vibrate as it moves through a range from below to ...
Active range of motion (AROM) tests for the shoulder. A, Apley Scratch Test. B and C, Internal ... Active range of motion (AROM) tests for the shoulder. A, Apley Scratch Test. B and C, Internal ...
Minerals are nonrenewable resources in limited supply Minerals are nonrenewable resources in limited supply
Range for Functions Range for Functions
Video: Arthroscopy

For a complete list of videos, visit our video library