Author Question: The short-run aggregate supply curve is upward sloping because in the short run the A) money wage ... (Read 109 times)

londonang

  • Hero Member
  • *****
  • Posts: 540
The short-run aggregate supply curve is upward sloping because in the short run the
 
  A) money wage rate changes but the price level does not.
  B) price level changes but the money wage rate does not.
  C) both the money wage rate and the price level change.
  D) neither the money wage rate nor the price level can change.

Question 2

When the U.S. exchange rate rises, foreign goods become ________ and U.S. imports ________.
 
  A) less expensive; increase
  B) more expensive; decrease
  C) less expensive; decrease
  D) more expensive; increase



alvinum

  • Sr. Member
  • ****
  • Posts: 317
Answer to Question 1

B

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

For a complete list of videos, visit our video library