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

Author Question: During the Great Depression of the 1930s, the aggregate demand curve intersected the aggregate ... (Read 68 times)

rayancarla1

  • Hero Member
  • *****
  • Posts: 571
on: Jun 30, 2018
During the Great Depression of the 1930s, the aggregate demand curve intersected the aggregate supply curve in the:
 a. horizontal portion of the aggregate supply curve.
  b. upward-sloping part of the aggregate supply curve.
  c. vertical portion of the aggregate supply curve.
  d. early years in the horizontal portion, but in the later years in the vertical portion.
  e. early years in the vertical portion, but in the later years in the horizontal portion.

Question 2

Assume the economy is experiencing a recessionary gap. Keynesian economists would support which of the following policies:
 a. Nonstabilization
  b. Expansionary
 c. Nonintervention
  d. Fixed wage


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Galvarado142

  • Sr. Member
  • ****
  • Posts: 348
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

b


rayancarla1

  • Member
  • Posts: 571
Reply 2 on: Jun 30, 2018
Excellent

dantucker

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

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?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Great Blue Hole of Belize Great Blue Hole of Belize
Joseph Paxton, Crystal Palace, Great Exhibition, London. Joseph Paxton, Crystal Palace, Great Exhibition, London.
Oxygen-binding curve for myoglobin Oxygen-binding curve for myoglobin
The population of Asia increases rapidly, the demand for food and water is also growing The population of Asia increases rapidly, the demand for food and water is also growing
At what speed does Grogzetti need to take the curve to avoid sliding? At what speed does Grogzetti need to take the curve to avoid sliding?
A 1000-kg car is slowly picking up speed as it goes around a horizontal unbanked curve whose ... A 1000-kg car is slowly picking up speed as it goes around a horizontal unbanked curve whose ...
Video: Haustral churning, Gastrocolic reflex and mass peristalsis & Defecation

For a complete list of videos, visit our video library