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 56 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
:D TYSM

Missbam101

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Changes in cell shape due to alterations in intracellular fluid volume. Changes in cell shape due to alterations in intracellular fluid volume.
An Oil-dependent World— Supply and Demand Driven An Oil-dependent World— Supply and Demand Driven
Percentage of Americans Living in Communities with a Fluoridated Water Supply, by State. 2012 Percentage of Americans Living in Communities with a Fluoridated Water Supply, by State. 2012
Exploring Microsoft Office 2010, Volume 1 (2nd Edition) 2nd Edition Exploring Microsoft Office 2010, Volume 1 (2nd Edition) 2nd Edition
Easy way to remember to formula to calculate volume of a cylinder Easy way to remember to formula to calculate volume of a cylinder
A Short List of Human X-Linked Recessive and X-Linked Dominant Traitsa A Short List of Human X-Linked Recessive and X-Linked Dominant Traitsa
Video: Muscle Fatigue and Recovery

For a complete list of videos, visit our video library