If imports to the United States increased, what would most likely happen to price level and real gross domestic product?-If workers are more educated, then short-run aggregate supply will increase and output and price level will increase as well. decrease and output and price level will decrease as well. increase and output will increase but price level will decrease. increase and output will decrease but price level will increase. decrease and output will decrease but price level will increase.-Assume a nation's economy is operating above full employment. If business taxes increase, how will output, employment, and price level likely change?-When investment spending increases in the vertical range of SRAS, then the price level will increase and output will decrease. increase and output will increase. decrease and output will decrease. increase and output will remain virtually the same.
This question was answered on: May 23, 2022
Solution~00021147720039.zip (25.37 KB)
This attachment is locked
Our expert Writers have done this assignment before, you can reorder for a fresh, original and plagiarism-free copy and it will be redone much faster (Deadline assured. Flexible pricing. TurnItIn Report provided)
Answered
QUALITYApproved
DATE ANSWEREDMay 23, 2022
EXPERTTutor
ANSWER RATING
We have top-notch tutors who can do your essay/homework for you at a reasonable cost and then you can simply use that essay as a template to build your own arguments.
You can also use these solutions:
