Author Question: Along the Keynesian range of the aggregate supply curve, higher aggregate demand fails to stimulate ... (Read 32 times)

craiczarry

  • Hero Member
  • *****
  • Posts: 527
Along the Keynesian range of the aggregate supply curve, higher aggregate demand fails to stimulate output and only causes inflation.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Which one of the following people would not be considered a part of the labor force?
 a. A steel worker who was laid off last week and is seeking work.
  b. A steel worker who was laid off last year and is no longer seeking work.
  c. A student who also works part-time.
  d. A member of the U.S. Navy.
  e. A retired college professor paid to teach a summer course.



emily12345

  • Sr. Member
  • ****
  • Posts: 321
Answer to Question 1

False

Answer to Question 2

b



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

For a complete list of videos, visit our video library