This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following is associated with peaks in the business cycle? a. Relatively high levels of ... (Read 132 times)

K@

  • Hero Member
  • *****
  • Posts: 608
on: Jun 30, 2018
Which of the following is associated with peaks in the business cycle?
 a. Relatively high levels of unemployment.
  b. Recessions.
 c. Relatively low levels of unemployment.
  d. Both answers a. and b. above are correct.

Question 2

If aggregate demand increases in the intermediate range of the aggregate supply curve then the:
 a. price level rises and real GDP falls.
  b. price level rises and real GDP rises.
  c. price level falls and real GDP falls.
  d. price level falls and real GDP rises.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ambernicolefink

  • Sr. Member
  • ****
  • Posts: 359
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

b


K@

  • Member
  • Posts: 608
Reply 2 on: Jun 30, 2018
Excellent

duy1981999

  • Member
  • Posts: 341
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

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?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

The life cycle of a zygomycete, the black bread mould Rhizopus stolonifer. The life cycle of a zygomycete, the black bread mould Rhizopus stolonifer.
Ovulation Process The two ovaries alternate ovulation in each monthly cycle. Ovulation Process The two ovaries alternate ovulation in each monthly cycle.
The pH scale is logarithmic. A low pH indicates acidic conditions, whereas a high pH indicates ... The pH scale is logarithmic. A low pH indicates acidic conditions, whereas a high pH indicates ...
Overview of Pyruvate Oxidation and the Citric Acid Cycle Overview of Pyruvate Oxidation and the Citric Acid Cycle
Coastal sensitivity to rising sea levels Coastal sensitivity to rising sea levels
Events of the Somatic Cell Cycle Events of the Somatic Cell Cycle
Video: Neuron Type Animation

For a complete list of videos, visit our video library