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

Author Question: The misperception effect explanation for an upward-sloping short-run aggregate supply curve is based ... (Read 131 times)

fagboi

  • Hero Member
  • *****
  • Posts: 535
on: Jun 30, 2018
The misperception effect explanation for an upward-sloping short-run aggregate supply curve is based on:
 a. falling profit margins as the price level rises.
 b. rising costs of production as the price level rises.
 c. fixed wage labor contracts.
 d. people mistaking changes in aggregate demand for changes in the demand for their goods relative to other goods and services.

Question 2

The paradox of thrift explains that increased savings by households could actually lower savings for the economy as a whole.
 a. True
  b. False
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Loise Hard

  • Sr. Member
  • ****
  • Posts: 340
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

True


fagboi

  • Member
  • Posts: 535
Reply 2 on: Jun 30, 2018
Gracias!

raenoj

  • Member
  • Posts: 340
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Fractures are diagnosed based on an X-ray of the broken bone. Shown here: a comminuted fracture of ... Fractures are diagnosed based on an X-ray of the broken bone. Shown here: a comminuted fracture of ...
The Effect of Group Size on Relationships The Effect of Group Size on Relationships
Apply deep effleurage to triceps. Position arm with elbow pointing upward to access the triceps ... Apply deep effleurage to triceps. Position arm with elbow pointing upward to access the triceps ...
Effect of increasing temperature or lowering deltGo+ on the rates of reactions Effect of increasing temperature or lowering deltGo+ on the rates of reactions
J or U dose-response curve J or U dose-response curve
Construct a Lorenz curve that shows income distribution in this society. Construct a Lorenz curve that shows income distribution in this society.
Video: The Vestibular System

For a complete list of videos, visit our video library