Macroeconomics

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Which of the following explains the effect of prices on profits in the short-run? a. The direct ... Started by SGallaher96	1 Replies 60 Views	Jun 30, 2018 by jazzlynnnnn
Which of the following is true of the aggregate supply curve? a. It shows the inverse relationship ... Started by Zulu123	1 Replies 93 Views	Jun 30, 2018 by GCabra
Which of the following is not held constant in the short run when determining the aggregate supply ... Started by Garrulous	1 Replies 64 Views	Jun 30, 2018 by Ksh22
In the short-run, an increase in the average price level in the economy will cause: a. demand for a ... Started by jhjkgdfhk	1 Replies 49 Views	Jun 30, 2018 by Anton
The positive slope of the AS curve is a _____ phenomena, when the _____ are held constant. a. ... Started by mia	3 Replies 92 Views	Jun 30, 2018 by wtf444
As the level of real GDP increases, the short-run aggregate supply curve: a. shifts to the right. ... Started by abc	1 Replies 64 Views	Jun 30, 2018 by snackralk
The degree of responsiveness of aggregate output to a price change declines as the: a. rate of ... Started by tuffie	1 Replies 60 Views	Jun 30, 2018 by Laurenleakan
If the national output cannot be increased unless the productive capacity or potential GDP ... Started by go.lag	1 Replies 106 Views	Jun 30, 2018 by randomguy133
Consider the following statement: If the government attempts to raise employment through increased ... Started by tnt_battle	1 Replies 152 Views	Jun 30, 2018 by eliasc0401
The long-run aggregate supply of an economy at the potential level of real GDP is graphically ... Started by ghost!	1 Replies 96 Views	Jun 30, 2018 by lkoler
Firms' profits or production do not increase in the long run because: a. some factors of production ... Started by lb_gilbert	1 Replies 106 Views	Jun 30, 2018 by cupcake16
Which of the following statements is true about the economy in the long run? a. Equilibrium output ... Started by fbq8i	1 Replies 102 Views	Jun 30, 2018 by tmlewis4706
What happens to aggregate supply when production costs adjust completely to price increases? a. ... Started by neverstopbelieb	3 Replies 217 Views	Jun 30, 2018 by kiamars2010
In the long-run, if the economy is operating at the full employment level, the equilibrium level of ... Started by a0266361136	1 Replies 104 Views	Jun 30, 2018 by ecabral0
Given that energy is an input in production, the development of a cheaper source of energy will ... Started by bcretired	1 Replies 97 Views	Jun 30, 2018 by randomguy133
Which of the following could lead to a decline in aggregate supply in the U.S.? a. The discovery of ... Started by beccaep	1 Replies 50 Views	Jun 30, 2018 by Sarahjh
The long-run aggregate supply increases as: a. new production technology is introduced. b. the ... Started by Hungry!	1 Replies 136 Views	Jun 30, 2018 by missalyssa26
Suppose in Country X, anticipating high inflation in the economy, wages of workers are increased in ... Started by robinn137	1 Replies 72 Views	Jun 30, 2018 by KKcool
The movement of the vertical _____ curve to the _____ reflects the increase in potential output on ... Started by fahad	1 Replies 110 Views	Jun 30, 2018 by jessofishing
In the 1970s the international price of crude oil rocketed because: a. the demand for crude oil ... Started by beccaep	1 Replies 99 Views	Jun 30, 2018 by triiciiaa
To determine short-run equilibrium in the economy, we use an aggregate supply curve that is: a. ... Started by geodog55	3 Replies 57 Views	Jun 30, 2018 by joanwhite
The intersection of the aggregate demand and the aggregate supply curve defines the equilibrium ... Started by sabina	1 Replies 115 Views	Jun 30, 2018 by bobsmith
Identify the correct statement. a. Aggregate demand alone determines equilibrium price and output. ... Started by RYAN BANYAN	1 Replies 259 Views	Jun 30, 2018 by sierrahalpin
Other things equal, an increase in aggregate demand will result in: a. an economic expansion. b. ... Started by LCritchfi	1 Replies 110 Views	Jun 30, 2018 by Swizqar
Other things equal, an increase in aggregate spending tends to be associated with: a. cost-push ... Started by sdfghj	1 Replies 93 Views	Jun 30, 2018 by Beatricemm