« previous next »

Author Question: Which of the following is true of a beneficial supply shock? a. It can lead to a temporary lower ... (Read 22 times)

FButt

  • Hero Member
  • *****
  • Posts: 519
on: Jun 30, 2018
Which of the following is true of a beneficial supply shock?
 a. It can lead to a temporary lower price level.
 b. It can create a recessionary gap.
 c. It can permanently decrease the economy's price level.
  d. It can shift the aggregate demand curve rightward.
 e. It can shift the aggregate demand curve leftward.

Question 2

Which of the following identities describe the equation of exchange?
 a. Money in circulation  prices = velocity  income
  b. Money in circulation  income = velocity  prices
  c. Real GDP = money in circulation  velocity
 d. Nominal GDP = money in circulation  velocity
 e. Real GDP = prices  money in circulation  velocity


Juro

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

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.

Some playgrounds near streets with heavy traffic may still have high levels of lead from gasoline ... Some playgrounds near streets with heavy traffic may still have high levels of lead from gasoline ...
Facing the table, place one hand on the thigh and the other on the lower leg. Gently rock the leg ... Facing the table, place one hand on the thigh and the other on the lower leg. Gently rock the leg ...
The Upper (A) and Lower (B) Respiratory Tracts (2 of 2) The Upper (A) and Lower (B) Respiratory Tracts (2 of 2)
Blood Supply to the Lungs Blood Supply to the Lungs
A diagram showing one of Mendel’s crosses. True-breeding strains of pea plants with smooth and ... A diagram showing one of Mendel’s crosses. True-breeding strains of pea plants with smooth and ...
Video: Erythropoietin (EPO)

For a complete list of videos, visit our video library