This topic contains a solution. Click here to go to the answer

Author Question: A recessionary gap is usually closed in the long run by a(n): a. rightward shift of the short-run ... (Read 49 times)

OSWALD

  • Hero Member
  • *****
  • Posts: 580
A recessionary gap is usually closed in the long run by a(n):
 a. rightward shift of the short-run aggregate supply curve.
 b. leftward shift of the short-run aggregate supply curve.
 c. rightward movement along a fixed short-run aggregate supply curve.
  d. decrease in aggregate demand.
 e. leftward movement along a fixed short-run aggregate supply curve.

Question 2

If investment is not sensitive to changes in the interest rate, then changes in the money supply:
 a. will have no effect on interest rates.
 b. will have no impact on the quantity of money demanded.
 c. will have no effect on the aggregate demand of an economy.
 d. will have a major impact on the aggregate demand of an economy.
  e. will have a major impact on the price level in an economy.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

juicepod

  • Sr. Member
  • ****
  • Posts: 310
Answer to Question 1

a

Answer to Question 2

c




OSWALD

  • Member
  • Posts: 580
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


Liddy

  • Member
  • Posts: 342
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

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

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

For a complete list of videos, visit our video library