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

Author Question: Short-run aggregate supply: a. is a fixed volume of output. b. reflects how much RGDP suppliers are ... (Read 86 times)

MGLQZ

  • Hero Member
  • *****
  • Posts: 579
on: Jun 30, 2018
Short-run aggregate supply:
 a. is a fixed volume of output.
 b. reflects how much RGDP suppliers are willing and able to produce at different price levels.
  c. shifts only when the LRAS shifts.
 d. is not affected at all by the price level.

Question 2

The interest rate effect states that an increase in the price level will cause:
 a. a decline in the interest rate.
  b. a decrease in investment and aggregate expenditures.
  c. an increase in the equilibrium level of income.
  d. a decrease in the supply of financial assets.
  e. an increase in real wealth.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

carlsona147

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

b

Answer to Question 2

b


MGLQZ

  • Member
  • Posts: 579
Reply 2 on: Jun 30, 2018
Gracias!

diana chang

  • Member
  • Posts: 288
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Two areas of reduced cortical volume and one area of increased cortical volume observed in people ... Two areas of reduced cortical volume and one area of increased cortical volume observed in people ...
Classic Supply - Demand Curve Classic Supply - Demand Curve
Role of Productivity in Determining Output per Worker, 2009 Role of Productivity in Determining Output per Worker, 2009
A 31.1-g sample of Ne gas exerts a certain pressure in a container of fixed volume. What mass ... A 31.1-g sample of Ne gas exerts a certain pressure in a container of fixed volume. What mass ...
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 ...
A company that makes cell phones has the following cost structure. They have fixed costs of ... A company that makes cell phones has the following cost structure. They have fixed costs of ...
Video: Osmosis - Isotonic, Hypotonic, and Hypertonic​ Solutions

For a complete list of videos, visit our video library