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

Author Question: An increase in aggregate demand when the economy is operating at ________ is likely to result in an ... (Read 87 times)

Ebrown

  • Hero Member
  • *****
  • Posts: 567

Question 1

If the economy is operating way below capacity, an increase in aggregate demand causes a big change in the ________ and small change in ________.


◦ aggregate demand; aggregate supply
◦ aggregate supply; aggregate demand
◦ output; price level
◦ price level; output

Question 2

An increase in aggregate demand when the economy is operating at ________ is likely to result in an increase in the overall price level and ________ in output.


◦ high levels of output; a large increase
◦ high levels of output; little or no increase
◦ low levels of output; a decrease
◦ low levels of output; no change


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Ebrown on Apr 19, 2019

steff9894

  • Sr. Member
  • ****
  • Posts: 337
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly





 

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

For a complete list of videos, visit our video library