« previous next »

Author Question: If the money wage rate and other resource prices do not change when the price level rises by 10 ... (Read 49 times)

azncindy619

  • Hero Member
  • *****
  • Posts: 562
on: Jun 29, 2018
If the money wage rate and other resource prices do not change when the price level rises by 10 percent, ________.
 
  A) the long-run aggregate supply curve shifts leftward
  B) the short-run aggregate supply curve shifts leftward
  C) the long-run aggregate supply curve shifts rightward
  D) there is movement along the short-run aggregate supply curve

Question 2

The larger the value of U.S. imports, the greater the quantity of ________ causing the quantity supplied of dollars to ________.
 
  A) U.S. dollars demanded; increase
  B) U.S. dollars demanded; decrease
  C) foreign currency demanded; increase
  D) foreign currency demanded; decrease


pallen55

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Tree species richness in North America is correlated with evapotranspiration rate. Tree species richness in North America is correlated with evapotranspiration rate.
Control of blood glucose level. Control of blood glucose level.
People using walkers typically have a high level of mobility impairment. People using walkers typically have a high level of mobility impairment.
Observed change in surface temperature from 1901 to 2012 Observed change in surface temperature from 1901 to 2012
For each function f(x) = 6x^2 - 4, estimate the instantaneous rate of change for the given ... For each function f(x) = 6x^2 - 4, estimate the instantaneous rate of change for the given ...
You make 4 semi-annual deposits starting at $350 and increasing at a constant rate of 2.14%. ... You make 4 semi-annual deposits starting at $350 and increasing at a constant rate of 2.14%. ...
Video: Cardiac Cycle (Part 4 of 4)

For a complete list of videos, visit our video library