« previous next »

Author Question: The short-run aggregate supply curve is positively sloped. Which of the following is not one of the ... (Read 82 times)

NClaborn

  • Hero Member
  • *****
  • Posts: 560
on: Jun 30, 2018
The short-run aggregate supply curve is positively sloped. Which of the following is not one of the explanations given in the text?
 a. the misperception effect
 b. Sticky wage theory
 c. market effect
 d. All of the above are explanations of the profit effect.

Question 2

Which of the following is associated with an increase in the average price level?
 a. A decrease in the aggregate quantity demanded
  b. An increase in the aggregate quantity demanded
  c. A leftward shift of the aggregate demand curve
  d. A decrease in the aggregate quantity supplied
  e. Aggregate quantity demanded remains unchanged but the aggregate expenditures curve shifts leftward.


Jody Vaughn

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

a


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

The role of the liver in fuel supply to the blood. The role of the liver in fuel supply to the blood.
Titration curve for aspartic acid Titration curve for aspartic acid
Strong religious beliefs appears to be positively associated with elderly health and wellbeing Strong religious beliefs appears to be positively associated with elderly health and wellbeing
At what speed does Grogzetti need to take the curve to avoid sliding? At what speed does Grogzetti need to take the curve to avoid sliding?
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 ...
Aggregate Fruits: Strawberry Aggregate Fruits: Strawberry
Video: Carbohydrate digestion (brush border enzymes, end products) & Carb absorption (fructose, galactose)

For a complete list of videos, visit our video library