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

Author Question: In the long run, a leftward shift of the aggregate demand curve will lead to a(n): a. increase in ... (Read 40 times)

mp14

  • Hero Member
  • *****
  • Posts: 534
on: Jun 30, 2018
In the long run, a leftward shift of the aggregate demand curve will lead to a(n):
 a. increase in equilibrium output but will not change the price level in an economy.
 b. increase in the price level as well as the equilibrium output in an economy.
 c. decrease in the price level but will leave the equilibrium output unchanged in an economy.
  d. increase in the price level but will leave the equilibrium output unchanged in an economy.
  e. decrease in the price level as well as the equilibrium output in an economy.

Question 2

Which of the following changes is observed when the Fed increases the federal funds rate?
 a. Inflation is brought to an immediate halt.
 b. The inflation rate increases for several months, but then begins to decrease.
 c. Major banks try to offset this change by lowering the interest rates they charge on loans.
 d. Major banks try to offset this change by lowering the interest rates they pay on savings deposits.
  e. Major banks raise the prime interest rate that they charge to their best customers.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

lkanara2

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

e


mp14

  • Member
  • Posts: 534
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

Dnite

  • Member
  • Posts: 297
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Primary production increases with an increase in total phosphorus concentration. Primary production increases with an increase in total phosphorus concentration.
Testing the effects of long-term fertilizing on inter-actions between mycorrhizal fungi and plants o Testing the effects of long-term fertilizing on inter-actions between mycorrhizal fungi and plants o
Sensor and Lead Placement and Marking Codes Sensor and Lead Placement and Marking Codes
Ayurvedic massage. Long sweeping stroke from foot around shoulder and down the arm, recipient prone. Ayurvedic massage. Long sweeping stroke from foot around shoulder and down the arm, recipient prone.
Marginal Supply - Demand Curve Marginal Supply - Demand Curve
Saturation curve for hemoglobin of humans, llamas, and other mammals. Saturation curve for hemoglobin of humans, llamas, and other mammals.
Video: Glycolysis - and oxygen

For a complete list of videos, visit our video library