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Author Question: The full-employment rate of output can A) be surpassed in the long run only if input prices are ... (Read 214 times)

Kikoku

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on: Jun 29, 2018
The full-employment rate of output can
 
  A) be surpassed in the long run only if input prices are flexible.
  B) not be surpassed in either the short run or the long run.
  C) be surpassed only when firms are not yet producing at full capacity.
  D) be surpassed only in the short run.

Question 2

If the slope of a curve is 1/5, we know that
 
  A) the relationship is linear, and the line moves from lower left to upper right.
  B) the relationship is non-linear, and the line moves from lower left to upper right.
  C) the relationship is linear, and the line moves from upper left to lower right.
  D) the relationship is non-linear, and the line moves from upper left to lower right.


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jordangronback

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

A


Kikoku

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Reply #2 on: Jun 29, 2018
Thank you


jordangronback

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Reply #3 on: Jun 29, 2018
No problemo


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