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Author Question: For a given aggregate supply curve, price level and output will both increase when aggregate demand ... (Read 116 times)

jjjetplane

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  • Posts: 556
on: Jun 30, 2018
For a given aggregate supply curve, price level and output will both increase when aggregate demand decreases.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The firm's demand for labor curve is exactly the same as the:
 a. wage rate.
  b. price of the output.
  c. MRP curve.
  d. MP curve.
  e. labor supply curve.


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Ahernandez18

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

False

Answer to Question 2

c


jjjetplane

  • Member
  • Posts: 556
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

bimper21

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  • Posts: 309
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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