Author Question: The short-run aggregate supply curve is upward sloping because in the short run the A) money wage ... (Read 108 times)

londonang

  • Hero Member
  • *****
  • Posts: 540
The short-run aggregate supply curve is upward sloping because in the short run the
 
  A) money wage rate changes but the price level does not.
  B) price level changes but the money wage rate does not.
  C) both the money wage rate and the price level change.
  D) neither the money wage rate nor the price level can change.

Question 2

When the U.S. exchange rate rises, foreign goods become ________ and U.S. imports ________.
 
  A) less expensive; increase
  B) more expensive; decrease
  C) less expensive; decrease
  D) more expensive; increase



alvinum

  • Sr. Member
  • ****
  • Posts: 317
Answer to Question 1

B

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

For a complete list of videos, visit our video library