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Author Question: The ________ curve has a positive slope because as prices of final goods and services rise, prices ... (Read 173 times)

fox

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The ________ curve has a positive slope because as prices of final goods and services rise, prices of inputs rise more slowly.
 
  A) short-run aggregate demand B) short-run aggregate supply
  C) long-run aggregate supply D) long-run aggregate demand

Question 2

During a business cycle expansion, total production ________ and total employment ________.
 
  A) decreases; increases B) increases; increases
  C) increases; decreases D) decreases; decreases



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hugthug12

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Answer to Question 1

B

Answer to Question 2

B




fox

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)


Dnite

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Reply 3 on: Yesterday
Excellent

 

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