Business, 03.04.2020 02:42 bradleycawley02
In the neoclassical model, which is the most accurate explanation for the information depicted in the aggregate demand curve? Assume that the aggregate demand curve is not changing
a) An increase in RGDP consumed leads to a higher price level.
b) An increase in RGDP consumed leads to a lower price level.
c) An increase in the price level leads to more RGDP consumed.
d) An increase in the price level leads to less RGDP consumed.
Answers: 1
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When a shortage or a surplus arises in the loanable funds market a. the supply of loanable funds changes to return the economy to its original real interest rate b. the nominal interest rate is pulled to the new equilibrium level c. the demand for loanable funds changes to return the economy to its original real interest rate d. the real interest rate is pulled to the new equilibrium level
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Richard is one of the leading college basketball players in the state of florida. he also maintains a good academic record. looking at his talent and potential, furman university offers to bear the expenses for his college education.
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Which statement was true in the past but is not generally true today? a. the training and education costs for some jobs will prohibit some people from entering that career be b. young people tend to go into the same job that their parents and grandparents did see c. people need a basic level of education before they meet requirements to professional schools d. people will probably have more than one job in their active working lives
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In the neoclassical model, which is the most accurate explanation for the information depicted in th...
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