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

Author Question: An expansionary gap in the short-run results in: a. lower resource prices in the long run. b. ... (Read 85 times)

erika

  • Hero Member
  • *****
  • Posts: 522
An expansionary gap in the short-run results in:
 a. lower resource prices in the long run.
  b. unemployment in the long run.
 c. a recessionary gap in the long run.
 d. cost-push inflation in the long run.
 e. demand-pull inflation in the long run.

Question 2

All other things constant, if the interest rate decreases on account of a monetary policy:
 a. the demand for investment curve shifts to the right.
 b. the demand for investment curve shifts to the left.
 c. there is a downward movement along the demand for investment curve.
  d. there is an upward movement along the demand for investment curve.
  e. real GDP decreases.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

fauacakatahaias

  • Sr. Member
  • ****
  • Posts: 353
Answer to Question 1

d

Answer to Question 2

c




erika

  • Member
  • Posts: 522
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


meganmoser117

  • Member
  • Posts: 303
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

For a complete list of videos, visit our video library