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Author Question: The short-run aggregate supply curve is positively sloped because A) real interest rates rather ... (Read 113 times)

MirandaLo

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on: Jun 30, 2018
The short-run aggregate supply curve is positively sloped because
 
  A) real interest rates rather than nominal rates are used.
  B) no price adjustments take place in the short-run.
  C) complete price adjustments take place in the short-run.
  D) some price adjustments take place in the short-run.

Question 2

In the above figure, if the price level is 150
 
  A) total planned production exceeds total expenditures.
  B) total planned production is less than total expenditures.
  C) total expenditures exceed total planned expenditures.
  D) total planned production equals total expenditures.


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Christopher

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

A


MirandaLo

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

olderstudent

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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