« previous next »

Author Question: An increase in oil prices will shift the aggregate: a. demand curve leftward. b. demand curve ... (Read 109 times)

bucstennis@aim.com

  • Hero Member
  • *****
  • Posts: 532
on: Jun 30, 2018
An increase in oil prices will shift the aggregate:
 a. demand curve leftward.
  b. demand curve rightward.
  c. supply curve leftward.
  d. supply curve rightward.

Question 2

The precautionary demand for money:
 a. varies inversely with the income level.
  b. varies inversely with the price level.
  c. is used as an insurance agent against unexpected needs.
  d. states that nominal income must exceed real income.
  e. is a classical concept in monetary theory.


jordangronback

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

c

Answer to Question 2

c


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

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?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Zonal wind speeds on Uranus. Shaded areas show the southern collar and its future northern counterpa Zonal wind speeds on Uranus. Shaded areas show the southern collar and its future northern counterpa
The adolescent growth spurt in humans is seen as a “bump” in the height curve and a “spike” in the h The adolescent growth spurt in humans is seen as a “bump” in the height curve and a “spike” in the h
Does Intelligence Increase with Brain Size? Does Intelligence Increase with Brain Size?
Increase in Surface Area by Mechanical Weathering Increase in Surface Area by Mechanical Weathering
The Oxyhemoglobin Dissociation Curve The Oxyhemoglobin Dissociation Curve
Aggregate Fruits: Strawberry Aggregate Fruits: Strawberry
Video: Embryonic development - Weeks 5 to 8

For a complete list of videos, visit our video library