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 67 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

helenmarkerine

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

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?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Recording the membrane potential of neurons. Recording the membrane potential of neurons.
Urine output. Urine output.
In 1979 Islamic militants held American embassy workers hostage in Tehran. In 1979 Islamic militants held American embassy workers hostage in Tehran.
Neuronal action potential. Neuronal action potential.
Preserve Your Vitamins! Cook your vegetables in a small amount of water Preserve Your Vitamins! Cook your vegetables in a small amount of water
The retail price of a packaged CD is $60.00, which includes a tax of 4%. What is the actual ... The retail price of a packaged CD is $60.00, which includes a tax of 4%. What is the actual ...
Video: How to find out if a population is evolving?

For a complete list of videos, visit our video library