This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The short-run aggregate supply curve: a. Is a schedule showing the relationship between the price ... (Read 23 times)

armygirl

  • Hero Member
  • *****
  • Posts: 556
on: Jun 30, 2018
The short-run aggregate supply curve:
 a. Is a schedule showing the relationship between the price level and the quantity of real GDP supplied.
  b. Is typically upward sloping.
 c. reflects output prices changing relative to input prices.
  d. all of the above

Question 2

The Keynesian aggregate expenditures model assumes that:
 a. production does not adjust to changes in aggregate expenditures.
  b. aggregate supply is autonomous.
  c. prices do not decrease when aggregate demand decreases.
  d. aggregate supply determines the equilibrium level of real GDP.
  e. prices are positively related to aggregate demand.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

annierak

  • Sr. Member
  • ****
  • Posts: 340
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

c


armygirl

  • Member
  • Posts: 556
Reply 2 on: Jun 30, 2018
Excellent

miss.ashley

  • Member
  • Posts: 371
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

Your heart beats over 36 million times a year.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Relationship of the conduction system to an ECG strip. Relationship of the conduction system to an ECG strip.
Wheat and Cotton Prices and Consumer Price Indexes, 1865–1896 Wheat and Cotton Prices and Consumer Price Indexes, 1865–1896
CMS-1500 form showing linkage of CPT and diagnosis codes. CMS-1500 form showing linkage of CPT and diagnosis codes.
A point-type ignition system showing the distributor cam which opens the points A point-type ignition system showing the distributor cam which opens the points
A BLAST alignment between human myoglobin and human a-globin showing a 25% sequence identity A BLAST alignment between human myoglobin and human a-globin showing a 25% sequence identity
If the price charged for a candy bar is p(x) cents, then x thousand candy bars will be sold in ... If the price charged for a candy bar is p(x) cents, then x thousand candy bars will be sold in ...
Video: Premenstrual Syndrome

For a complete list of videos, visit our video library