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

Author Question: In the simple circular flow model: a. firms are suppliers of resources and demanders of products. ... (Read 98 times)

2125004343

  • Hero Member
  • *****
  • Posts: 566
on: Jun 30, 2018
In the simple circular flow model:
 a. firms are suppliers of resources and demanders of products.
 b. households are suppliers of products and demanders of resources.
  c. households are demanders of products and suppliers of resources.
  d. firms are the suppliers of both resources and products.

Question 2

A temporary decrease in the price of oil will shift the short run aggregate supply curve right but not shift the long run aggregate supply curve.
 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

sylvia

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

True


2125004343

  • Member
  • Posts: 566
Reply 2 on: Jun 30, 2018
Excellent

Alyson.hiatt@yahoo.com

  • Member
  • Posts: 354
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

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

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Water striders serve as a model organism for the study of sexual conflict between males and females. Water striders serve as a model organism for the study of sexual conflict between males and females.
The Railroads: Moving Agricultural Products to Eastern Markets, 1890 The Railroads: Moving Agricultural Products to Eastern Markets, 1890
Two models of sensory system organization: The former model was hierarchical, functionally ... Two models of sensory system organization: The former model was hierarchical, functionally ...
Energy flow and chemical cycling Energy flow and chemical cycling
Laminar flow hood. Laminar flow hood.
Model of the lactose operon repressor Model of the lactose operon repressor
Video: Adolescent Diabetes

For a complete list of videos, visit our video library