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Author Question: The Keynesian short-run aggregate supply curve is horizontal because A) it represents Say's law. ... (Read 135 times)

stephzh

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on: Jun 30, 2018
The Keynesian short-run aggregate supply curve is horizontal because
 
  A) it represents Say's law.
  B) it reflects wage and price inflexibility.
  C) it represents the full employment level of real GDP.
  D) it reflects the absence of money illusion.

Question 2

Refer to the table above. What is the average monthly wage?
 
  A) 612 B) 650 C) 558 D) 450


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johnpizzaz

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

C


stephzh

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

bdobbins

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Reply 3 on: Yesterday
Excellent

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