« previous next »

Author Question: Aggregate demand determines output in the short run if prices are flexible. Indicate whether the ... (Read 77 times)

B

  • Hero Member
  • *****
  • Posts: 570
on: Jun 30, 2018
Aggregate demand determines output in the short run if prices are flexible.
 
  Indicate whether the statement is true or false

Question 2

There is greater support for active policymaking when
 
  A) price flexibility is common. B) wage flexibility is common.
  C) pure competition is widespread. D) none of the above.
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
Buy Test-Bank


xiazhe

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 30, 2018
Answer to Question 1

FALSE

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

A Tibetan wolf killed in 1938. Note the proportionately short legs A Tibetan wolf killed in 1938. Note the proportionately short legs
Myocardial Oxygen supply and demand Myocardial Oxygen supply and demand
The growth in demand for energy use is met by burning fossil fuels The growth in demand for energy use is met by burning fossil fuels
China has relied on cheap coal to meet its demand for energy China has relied on cheap coal to meet its demand for energy
Find the factor demand for labour and the amount of output it will produce. Show all ... Find the factor demand for labour and the amount of output it will produce. Show all ...
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: Secretin (inhibiting gastric acid secretion), Cholecystokinin (fat digestion) & Cholecystokinin

For a complete list of videos, visit our video library