This topic contains a solution. Click here to go to the answer

Author Question: The Keynesian short-run aggregate supply curve is horizontal because A) it represents Say's law. ... (Read 139 times)

stephzh

  • Hero Member
  • *****
  • Posts: 556
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
Answer to Question 1

B

Answer to Question 2

C




stephzh

  • Member
  • Posts: 556
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


diana chang

  • Member
  • Posts: 288
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

For a complete list of videos, visit our video library