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

Author Question: The short-run aggregate supply curve: a. is positively sloped. b. is negatively sloped. c. is a ... (Read 358 times)

09madisonrousseau09

  • Hero Member
  • *****
  • Posts: 559
on: Jun 30, 2018
The short-run aggregate supply curve:
 a. is positively sloped.
 b. is negatively sloped.
 c. is a vertical line parallel to the price level axis.
 d. is a horizontal line parallel to the output axis.
 e. is a ray from the origin with slope exactly equal to 1.

Question 2

Which one of these statements is correct?
 a. The lower the interest rate, the higher the opportunity cost of holding assets in the form of money.
  b. The quantity of money supplied is independent of the interest rate.
 c. The larger the supply of money, the higher the interest rate, all things equal.
 d. Travelers checks and government bonds are equally liquid assets.
 e. The demand for money increases whenever the price level decreases.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

angrybirds13579

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

b


09madisonrousseau09

  • Hero Member
  • *****
  • Posts: 559
Reply #2 on: Jun 30, 2018
Correct answers!


angrybirds13579

  • Sr. Member
  • ****
  • Posts: 344
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

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?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

The oxygen isotope curve illustrates the ratio between 16O and 18O. The oxygen isotope curve illustrates the ratio between 16O and 18O.
Linear dose-response curve Linear dose-response curve
J or U dose-response curve J or U dose-response curve
The Lorenz Curve for the United States, 2009 The Lorenz Curve for the United States, 2009
The Radioactive Decay Curve The Radioactive Decay Curve
The circadian rhythm is a wave-like curve The circadian rhythm is a wave-like curve
Video: Renal Failure

For a complete list of videos, visit our video library