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

Author Question: The steepness of the aggregate supply curve depends on the: a. rate of inflation in the economy. ... (Read 56 times)

nevelica

  • Hero Member
  • *****
  • Posts: 563
on: Jun 30, 2018
The steepness of the aggregate supply curve depends on the:
 a. rate of inflation in the economy.
  b. change in relative prices of commodities.
  c. substitutability of the inputs used in producing various goods and services.
  d. ability of the producers to respond to price-level changes in the short run.
  e. the market rate of interest.

Question 2

The term ceteris paribus means that:
 a. everything is variable.
 b. all variables except those specified are constant.
 c. no one knows which variables will change and which will remain constant.
  d. what is true for the individual is not necessarily true for the whole.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ilianabrrr

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

b


nevelica

  • Member
  • Posts: 563
Reply 2 on: Jun 30, 2018
Excellent

lcapri7

  • Member
  • Posts: 350
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Rate enhancement by entropy reduction Rate enhancement by entropy reduction
Factors influencing pulse rate Factors influencing pulse rate
Firing Rate of Individual SCN Neurons in a Tissue Culture Color bars have been added to emphasize th Firing Rate of Individual SCN Neurons in a Tissue Culture Color bars have been added to emphasize th
Bell Curve for Intelligence IQ scores for a population-based sample usually fall into this kind of Bell Curve for Intelligence IQ scores for a population-based sample usually fall into this kind of
How to convert units of any rate to another (Part 2) How to convert units of any rate to another (Part 2)
Population growth rate % Population growth rate %
Video: Calvin Cycle Explained!

For a complete list of videos, visit our video library