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

Author Question: The Keynesian short-run aggregate supply curve is horizontal because A) it represents Say's law. ... (Read 118 times)

stephzh

  • Hero Member
  • *****
  • Posts: 556
on: Jun 30, 2018
The Keynesian short-run aggregate supply curve is horizontal because
 
  A) it represents Say's law.
  B) it reflects wage and price inflexibility.
  C) it represents the full employment level of real GDP.
  D) it reflects the absence of money illusion.

Question 2

Refer to the table above. What is the average monthly wage?
 
  A) 612 B) 650 C) 558 D) 450


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

johnpizzaz

  • Sr. Member
  • ****
  • Posts: 345
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

C


stephzh

  • Member
  • Posts: 556
Reply 2 on: Jun 30, 2018
Gracias!

ghepp

  • Member
  • Posts: 361
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

Medication errors are three times higher among children and infants than with adults.

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

supply chain supply chain
The titration curve of the buffer acetic acid (CH3COOH) The titration curve of the buffer acetic acid (CH3COOH)
Short, Upbeat Massage Sessions can Improve Mental Alertness. Short, Upbeat Massage Sessions can Improve Mental Alertness.
Answer the following short answer, please show your steps and include the formulas used Answer the following short answer, please show your steps and include the formulas used
Normal frequency distribution, characterized by a bell-shaped curve Normal frequency distribution, characterized by a bell-shaped curve
Which reaction below represents Th decay by alpha emission? Which reaction below represents Th decay by alpha emission?
Video: Appendicitis Animation

For a complete list of videos, visit our video library