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

Author Question: In constructing the short-run aggregate supply curve, we define the short run as the period in ... (Read 60 times)

ssal

  • Hero Member
  • *****
  • Posts: 572
on: Jun 30, 2018
In constructing the short-run aggregate supply curve, we define the short run as the period in which:
 a. the price level is constant.
 b. output is fixed.
 c. profit is constant.
 d. the costs of some resources are fixed.
 e. the economic growth rate is less than 4 percent.

Question 2

A movement upward and to the left along the money demand curve is caused by:
 a. an increase in the interest rate.
 b. a decrease in the interest rate.
 c. a decrease in real GDP.
 d. an increase in real GDP.
 e. an increase in the average price level.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

meltdown117

  • Sr. Member
  • ****
  • Posts: 326
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

a


ssal

  • Hero Member
  • *****
  • Posts: 572
Reply #2 on: Jun 30, 2018
Thank you


meltdown117

  • Sr. Member
  • ****
  • Posts: 326
Reply #3 on: Jun 30, 2018
No problemo


« previous next »
 

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

Medication errors are three times higher among children and infants than with adults.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Levels of Processing Affects Long-Term but not Short-Term Memory Levels of Processing Affects Long-Term but not Short-Term Memory
Titration curve for aspartic acid Titration curve for aspartic acid
computer short cuts computer short cuts
Suppose a country imports televisions. The country's supply and demand curves are shown in ... Suppose a country imports televisions. The country's supply and demand curves are shown in ...
The Oxyhemoglobin Dissociation Curve The Oxyhemoglobin Dissociation Curve
Constructing a Three-Point Recombination Map Constructing a Three-Point Recombination Map
Video: Anatomy and Chemical Makeup of a Single Hair (Animation)

For a complete list of videos, visit our video library