Completed quickly and followed instructions given. Grammar, spelling, etc. was all good as well. Thank you so much! Will hire in the future.
1- Which of the following will occur when an economy’s price level increases?
a-Aggregate demand will increase.
b-The purchasing power of money will increase.
c-The purchasing power of money will decrease.
d-The real value of wealth will increase.
2-Which of the following is NOT an explanation for the shape of the aggregate demand curve?
a-real balance effect
b-interest rate effect
c-open economy effect
3-Steadily improving improvements in technology, other things being equal, will result in
a-no change in the price level and steadily increasing output.
c-steadily rising price level (inflation) and steadily increasing output.
d-a steadily falling price level with no change in output.
4- Say’s law states that
a-desired expenditures will equal actual expenditures.
b-people produce only the goods they want.
c-demand is always less than supply.
d-overproduction is never possible because of limited resources.
5-The marginal propensity to consume is
a-real consumption/real disposable income.
b-real saving/real disposable income.
c-change in real consumption/change in real disposable income.
d-change in real saving/change in real disposable income.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more