amirasaleh1012
24.10.2021 •
SAT
The graph shows Keynes's theory of aggregate demand. A line graph shows total economic output on the x axis and price on the y axis. A line labeled Demand starts high on the y axis but decreases as it moves along the x axis. A line labeled supply (short run) starts out low on the y axis but increases as it moves along the x axis. A line labeled supply (long run) stays vertical in the middle of the x axis. What is likely to happen if a new aggregate demand curve moves to the right? Prices and output would drop, and the equilibrium point will stay the same. Prices would rise, and output would drop in the short run. Prices and output would rise, and the equilibrium point will change. Prices would rise, and output would drop in the long run.
Solved
Show answers
More tips
- F Food and Cooking From Latte to Espresso: Which Coffee Drink is the Most Popular on Earth?...
- C Computers and Internet How to Set Up Internet on iPhone? Detailed Guide with Step-by-Step Instructions...
- P Philosophy 8 привычек, чтобы достичь счастливой жизни...
- F Food and Cooking How Many Grams Are In a Tablespoon?...
- G Goods and services How to Choose the Right Iron: Purchase Tips...
- S Style and Beauty How to Choose the Perfect Hair Straightener?...
- H Health and Medicine How to Choose the Right Glasses?...
- H Health and Medicine What vaccines do children need?...
- H Health and Medicine AKDS Vaccination: Ensure Your Child s Safety...
- H Health and Medicine Flu: How to Recognize It by the First Symptoms?...
Answers on questions: SAT
- H Health Explain the mechanism for Kussmul breathing....
- M Mathematics Alice borrowed $1,700 from the bank. 7 years later, Alice owes the bank $2,176. What was the percentage rate of simple interest on the...
- C Chemistry Due to ocean acidification, some localized areas of the ocean are acidic are neutral are increasing their ph are decreasing their ph...
- H History What kind of animals are best suited to life in a desert?...
Ответ: