Solved

-In the Diagram Above,the Increase in the Level of Output

Question 31

Multiple Choice

  -In the diagram above,the increase in the level of output following the change in the price level is likely the result of A)  the real-balances effect on consumption. B)  the Fisher effect on inflation. C)  the foreign-trade effect on net exports. D)  a combination of the real-balances and Fisher effects on consumption and investment. E)  a combination of the real-balances and foreign-trade effects on consumption and net exports.
-In the diagram above,the increase in the level of output following the change in the price level is likely the result of


A) the real-balances effect on consumption.
B) the Fisher effect on inflation.
C) the foreign-trade effect on net exports.
D) a combination of the real-balances and Fisher effects on consumption and investment.
E) a combination of the real-balances and foreign-trade effects on consumption and net exports.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents