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

Author Question: Potential output is the amount produced when: a. firms' and workers' expectations about the price ... (Read 151 times)

storky111

  • Hero Member
  • *****
  • Posts: 561
on: Jun 30, 2018
Potential output is the amount produced when:
 a. firms' and workers' expectations about the price level are realized.
 b. the actual price level is higher than the price level expected by workers.
  c. firms and workers have the same expectations about the price level.
  d. the actual price level remains constant.
 e. the actual price level is lower than the price level expected by firms.

Question 2

Movements along a money demand curve reflect the effects of changes in the:
 a. price level on the quantity of money demanded.
 b. interest rate on the demand for money.
 c. real exchange rate on the demand for money.
 d. interest rate on the quantity of money demanded.
 e. potential GDP on the quantity of money demanded.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ErinKing

  • Sr. Member
  • ****
  • Posts: 362
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

d


storky111

  • Member
  • Posts: 561
Reply 2 on: Jun 30, 2018
:D TYSM

ghepp

  • Member
  • Posts: 361
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Responses Produced by Activation of Specific Opioid Receptors Responses Produced by Activation of Specific Opioid Receptors
Solar output Solar output
British Output and Productivity Growth, 1760–1913 British Output and Productivity Growth, 1760–1913
Average real hourly wages (2010 dollars) by education level, full-time workers aged 17 to 34 in 2011 Average real hourly wages (2010 dollars) by education level, full-time workers aged 17 to 34 in 2011
What nuclide is produced when Pb-210 decays by beta emission? What nuclide is produced when Pb-210 decays by beta emission?
How high a hill would a 75-kg hiker have to climb to increase her gravitational potential ... How high a hill would a 75-kg hiker have to climb to increase her gravitational potential ...
Video: Monohybrid crosses

For a complete list of videos, visit our video library