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Author Question: A decrease in the price level is likely to decrease the aggregate amount of output supplied in the ... (Read 40 times)

bcretired

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on: Apr 19, 2019

Question 1

An increase in aggregate demand when the economy is operating ________ is likely to result in an increase in the overall price level and ________ in output.


◦ below full capacity; a decrease
◦ below full capacity; no increase
◦ at full capacity; a decrease
◦ at full capacity; no increase

Question 2

A decrease in the price level is likely to decrease the aggregate amount of output supplied in the short run because


◦ interest rate is high in the short run.
◦ wages are sticky in the short run.
◦ wages change in the short run.
◦ the aggregate supply curve is vertical in the short run.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by bcretired on Apr 19, 2019

Amiracle

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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bcretired

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Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review

sultana.d

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Reply 3 on: Yesterday
:D TYSM

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