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

Author Question: Which one of the following does NOT explain why the AD curve slopes downwards? (Read 280 times)

craiczarry

  • Hero Member
  • *****
  • Posts: 527
on: May 25, 2020

Question 1

As the price level in the economy rises, which of the following occurs?
◦ The quantity of 'real money' decreases.
◦ Real aggregate demand decreases.
◦ Total spending in money terms decreases.
◦ A and B
◦ B and C

Question 2

Which one of the following does NOT explain why the AD curve slopes downwards?
◦ As the price level falls, people will save more in order to protect the real value of their savings.
◦ A lower price level increases the competitiveness of the country's exports.
◦ A lower price level increases the real money supply.
◦ A lower price level increases the relative price of imports.
◦ As the price level falls, the real value of money balances held increases. This increases the real purchasing power of consumers.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by craiczarry on May 25, 2020

rnehls

  • Sr. Member
  • ****
  • Posts: 313
Reply #1 on: May 25, 2020
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 39% of students answer this correctly


mike char

  • Newbie
  • *
  • Posts: 1
Reply #2 on: May 24, 2022
thank you
« previous next »
 

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Survivorship curve for the North American beaver. Survivorship curve for the North American beaver.
A sigmoid (cooperative) binding curve A sigmoid (cooperative) binding curve
Titration curve for aspartic acid Titration curve for aspartic acid
Dose-response curve with threshold Dose-response curve with threshold
A bell-shaped, or “normal,” curve shows the distribution of phenotypes for traits controlled by ... A bell-shaped, or “normal,” curve shows the distribution of phenotypes for traits controlled by ...
A 1000-kg car is slowly picking up speed as it goes around a horizontal unbanked curve whose ... A 1000-kg car is slowly picking up speed as it goes around a horizontal unbanked curve whose ...
Video: Inflammatory response Animation

For a complete list of videos, visit our video library