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Plz answer will rate 5. When Ann get 7% increase in her income. She increased he

ID: 1111080 • Letter: P

Question

Plz answer will rate

5. When Ann get 7% increase in her income. She increased her purchases of clothes by 5% and increased her purchases of concert tickets by 1%. Apparently Ann’s demand a. For both clothes and concerts is income elastic b. For both clothes and concerts is income in elastic c. For clothes is income elastic and for concerts is income is elastic d. For clothes is income in elastic and for concerts is income elastic
6. When the price levels falls. It causes the real exchange rate to a. Depreciate b. Appreciate c. Neither A nor B
7. If price level is held constant and we increase consumption, the aggregate demand curve will shift to the a. Northeast b. Southwest c. Neither A nor B
8. A southeastern shift in the supply curve for loanable funds indicates the price level has a. Increased b. Decreased c. Remained the same
9. If price levels is held constant and we decrease investment, the aggregate demand curve will shift to the A. Northeast B. Southwest C. Neither A nor B
10. Invest bearing assets are commonly called a. Equities b. Loanable c. None of the above
11. If the price level increases, the purchase of goods and services a. Increase b. Decrease c. Remains the same
12. Deregulation causes the short run aggregate supply curve to shift to the a. Southeast b. Northwest c. Neither A nor B

Plz answer will rate

5. When Ann get 7% increase in her income. She increased her purchases of clothes by 5% and increased her purchases of concert tickets by 1%. Apparently Ann’s demand a. For both clothes and concerts is income elastic b. For both clothes and concerts is income in elastic c. For clothes is income elastic and for concerts is income is elastic d. For clothes is income in elastic and for concerts is income elastic
6. When the price levels falls. It causes the real exchange rate to a. Depreciate b. Appreciate c. Neither A nor B
7. If price level is held constant and we increase consumption, the aggregate demand curve will shift to the a. Northeast b. Southwest c. Neither A nor B
8. A southeastern shift in the supply curve for loanable funds indicates the price level has a. Increased b. Decreased c. Remained the same
9. If price levels is held constant and we decrease investment, the aggregate demand curve will shift to the A. Northeast B. Southwest C. Neither A nor B
10. Invest bearing assets are commonly called a. Equities b. Loanable c. None of the above
11. If the price level increases, the purchase of goods and services a. Increase b. Decrease c. Remains the same
12. Deregulation causes the short run aggregate supply curve to shift to the a. Southeast b. Northwest c. Neither A nor B

Plz answer will rate

5. When Ann get 7% increase in her income. She increased her purchases of clothes by 5% and increased her purchases of concert tickets by 1%. Apparently Ann’s demand a. For both clothes and concerts is income elastic b. For both clothes and concerts is income in elastic c. For clothes is income elastic and for concerts is income is elastic d. For clothes is income in elastic and for concerts is income elastic
6. When the price levels falls. It causes the real exchange rate to a. Depreciate b. Appreciate c. Neither A nor B
7. If price level is held constant and we increase consumption, the aggregate demand curve will shift to the a. Northeast b. Southwest c. Neither A nor B
8. A southeastern shift in the supply curve for loanable funds indicates the price level has a. Increased b. Decreased c. Remained the same
9. If price levels is held constant and we decrease investment, the aggregate demand curve will shift to the A. Northeast B. Southwest C. Neither A nor B
10. Invest bearing assets are commonly called a. Equities b. Loanable c. None of the above
11. If the price level increases, the purchase of goods and services a. Increase b. Decrease c. Remains the same
12. Deregulation causes the short run aggregate supply curve to shift to the a. Southeast b. Northwest c. Neither A nor B

Explanation / Answer

5. The correct answer is B.

6. The correct answer is B.

7. The correct answer is A.

8. The correct answer is B.

9. The correct answer is A.

10. Question unclear.

11. The correct answer is B.

12. The correct answer is A.