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Author Question: The full-employment rate of output can A) be surpassed in the long run only if input prices are ... (Read 97 times)

Kikoku

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The full-employment rate of output can
 
  A) be surpassed in the long run only if input prices are flexible.
  B) not be surpassed in either the short run or the long run.
  C) be surpassed only when firms are not yet producing at full capacity.
  D) be surpassed only in the short run.

Question 2

If the slope of a curve is 1/5, we know that
 
  A) the relationship is linear, and the line moves from lower left to upper right.
  B) the relationship is non-linear, and the line moves from lower left to upper right.
  C) the relationship is linear, and the line moves from upper left to lower right.
  D) the relationship is non-linear, and the line moves from upper left to lower right.



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jordangronback

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Answer to Question 1

D

Answer to Question 2

A





 

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