« previous next »

Author Question: Which of the following will result in secular deflation? A) a one-time rightward shift of the ... (Read 64 times)

Themember4

  • Hero Member
  • *****
  • Posts: 538
on: Jun 30, 2018
Which of the following will result in secular deflation?
 
  A) a one-time rightward shift of the long-run aggregate supply curve
  B) continuous rightward shifts of the aggregate demand curve
  C) continuous rightward shifts of the long-run aggregate supply curve
  D) a one-time rightward shift of the aggregate demand curve

Question 2

The Keynesian contention that the short-run aggregate supply curve is horizontal is based on the assumption that there are
 
  A) flexible prices. B) real prices.
  C) upward sloping prices. D) sticky prices.


Missbam101

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

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?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Primates exhibit prolonged life histories, spending more time in each stage of life than most other Primates exhibit prolonged life histories, spending more time in each stage of life than most other
Adenosine, Time of Day, and Hunger Adenosine, Time of Day, and Hunger
ESM Study of Time Spent with Family ESM Study of Time Spent with Family
Time Estimates for Specific Office Procedures Cont. Time Estimates for Specific Office Procedures Cont.
Radiation Side Effects, Healing Time, and Intervention Radiation Side Effects, Healing Time, and Intervention
Disitive Time For Potatoes Disitive Time For Potatoes
Video: What is Reverse Osmosis?

For a complete list of videos, visit our video library