Author Question: The short-run aggregate supply curve shows a(n): a. direct relationship between the expected price ... (Read 73 times)

lbcchick

  • Hero Member
  • *****
  • Posts: 550
The short-run aggregate supply curve shows a(n):
 a. direct relationship between the expected price level and nominal GDP supplied.
  b. inverse relationship between the actual price level and real GDP supplied.
 c. direct relationship between the actual price level and nominal GDP supplied.
  d. direct relationship between the actual price level and real GDP supplied.
 e. inverse relationship between the expected price level and real GDP supplied.

Question 2

In the money market, an increase in money supply will:
 a. increase the demand for money at each interest rate.
 b. decrease the demand for money at each interest rate.
 c. encourage people to exchange money for interest-bearing assets.
  d. encourage people to exchange interest-bearing assets for money.
  e. increase the interest rate.



Qarqy

  • Sr. Member
  • ****
  • Posts: 313
Answer to Question 1

d

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

For a complete list of videos, visit our video library