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Author Question: Given an aggregate supply curve, a decrease in aggregate demand will: a. increase the real interest ... (Read 98 times)

misspop

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on: Jun 30, 2018
Given an aggregate supply curve, a decrease in aggregate demand will:
 a. increase the real interest rate.
 b. increase real GDP.
 c. increase the price level.
 d. decrease the real exchange rate.
  e. decrease real GDP.

Question 2

A group of firms that collude to limit competition is called a(n):
 a. conglomerate.
  b. oligopoly.
  c. cartel.
  d. kinked demand.
  e. market concentration.


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meryzewe

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Reply #1 on: Jun 30, 2018
Answer to Question 1

e

Answer to Question 2

c


misspop

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  • Posts: 540
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

xoxo123

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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