This topic contains a solution. Click here to go to the answer

Author Question: There is a distinction between the long-run aggregate supply (LRAS) curve and the short-run ... (Read 118 times)

Destiiny22

  • Hero Member
  • *****
  • Posts: 557
There is a distinction between the long-run aggregate supply (LRAS) curve and the short-run aggregate supply (SRAS) curve. In the long run
 
  A) the aggregate supply curve is horizontal, while in the short run it is upward sloping.
  B) all adjustments to changes in the price level have been made, but in the short run all changes in the price level do not occur.
  C) technology is fixed, but not in the short run.
  D) the price level is constant in the long run, but fluctuates in the short run.

Question 2

A natural experiment is an empirical study:
 
  A) in which the predictions of the model are not required to be tested with data.
  B) in which some process, outside the control of the experimenter, has assigned subjects to control and treatment groups in a random or nearly random way.
  C) in which the researcher assigns subjects to control and treatment groups to verify a cause-effect relationshi



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

enass

  • Sr. Member
  • ****
  • Posts: 380
Answer to Question 1

B

Answer to Question 2

B




Destiiny22

  • Member
  • Posts: 557
Reply 2 on: Jun 30, 2018
Excellent


ultraflyy23

  • Member
  • Posts: 312
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

For a complete list of videos, visit our video library