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

Author Question: Which of the following statements regarding aggregate supply are CORRECT? A) Moving along the ... (Read 21 times)

penza

  • Hero Member
  • *****
  • Posts: 1,022
on: Jun 29, 2018
Which of the following statements regarding aggregate supply are CORRECT?
 
  A) Moving along the long-run aggregate supply curve, both the price level and the money wage rate change by the same percentage.
  B) Moving along the short-run aggregate supply curve, both the price level and the money wage rate change by the same percentage.
  C) Moving along the long-run aggregate supply curve, the money wage rate changes but the price level is constant.
  D) Moving along the short-run aggregate supply curve, the money wage rate changes but the price level is constant.

Question 2

In the figure above, if the exchange rate is equal to 2 Canadian dollars per U.S. dollar, there is a ________ of ________currency and the exchange rate will________.
 
  A) surplus; domestic; fall
  B) surplus; foreign; fall
  C) surplus; domestic; rise
  D) shortage; domestic; fall


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

vickyvicksss

  • Sr. Member
  • ****
  • Posts: 351
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


penza

  • Member
  • Posts: 1,022
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

nguyenhoanhat

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

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

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Common sites of amputation. (A) Upper extremities. (B) Lower extremities. The surgeon determines th Common sites of amputation. (A) Upper extremities. (B) Lower extremities. The surgeon determines th
The Hepatic Portal Blood Supply The liver receives water, minerals, and nutrients from the digestive The Hepatic Portal Blood Supply The liver receives water, minerals, and nutrients from the digestive
Doppler Effect, Observer Moving Doppler Effect, Observer Moving
Apply deep circular friction with the fingertips to the erector muscles on the right side, moving ... Apply deep circular friction with the fingertips to the erector muscles on the right side, moving ...
A(n) _____ is a spur-of-the-moment question. Fill in the blank(s) with correct word A(n) _____ is a spur-of-the-moment question. Fill in the blank(s) with correct word
Suppose a country imports televisions. The country's supply and demand curves are shown in ... Suppose a country imports televisions. The country's supply and demand curves are shown in ...
Video: Wound Cultures

For a complete list of videos, visit our video library