Author Question: Along the Keynesian range of the aggregate supply curve, higher aggregate demand fails to stimulate ... (Read 96 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?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

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?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

For a complete list of videos, visit our video library