« previous next »

Author Question: Given the aggregate demand curve, a beneficial supply shock will: a. increase potential output and ... (Read 19 times)

genevieve1028

  • Hero Member
  • *****
  • Posts: 601
on: Jun 30, 2018
Given the aggregate demand curve, a beneficial supply shock will:
 a. increase potential output and the price level.
 b. decrease potential output and the price level.
 c. increase potential output and decrease the price level.
  d. decrease potential output and increase the price level.
  e. cause no change in potential output or the price level.

Question 2

If the money supply in an economy is 300, the price level is 4, and real GDP is 1,500, what is the nominal value of output?
 a. 1,200
 b. 4,500
 c. 6,000
 d. 180,000
  e. 500


Missbam101

  • Sr. Member
  • ****
  • Posts: 341
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?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Changes that occur during an action potential. Changes that occur during an action potential.
Defibrillator. Defibrillators are devices that supply a voltage charge to the heart in the hope of r Defibrillator. Defibrillators are devices that supply a voltage charge to the heart in the hope of r
Changes in Synaptic Density From Birth to Age 2 Synaptic connections increase throughout the first Changes in Synaptic Density From Birth to Age 2 Synaptic connections increase throughout the first
Classification of Shock Classification of Shock
Shock Shock
Blood Supply of the Liver Blood Supply of the Liver
Video: Methods that regulate pH

For a complete list of videos, visit our video library