« previous next »

Author Question: The portion of the aggregate supply curve that is a positive function of the general price level ... (Read 98 times)

schs14

  • Hero Member
  • *****
  • Posts: 569
on: Jun 30, 2018
The portion of the aggregate supply curve that is a positive function of the general price level represents excess capacity and unemployed resources.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Which of the following will not cause a change in the demand for a product?
 a. a change in consumer income
 b. a change in consumer preferences
 c. a change in the price of the product
 d. a change in the price of a substitute product


flannelavenger

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

c


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

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.

Higher centers influencing autonomic function. Higher centers influencing autonomic function.
How to find the equation of a cosine curve How to find the equation of a cosine curve
Changes in the Level of Education, 1975-2010 Changes in the Level of Education, 1975-2010
The General Process of Sensation The General Process of Sensation
The slope of the curve y = ax^3 - bx^2 + cx - 3 at x = 2 is 5. If the point of inflection of the cur The slope of the curve y = ax^3 - bx^2 + cx - 3 at x = 2 is 5. If the point of inflection of the cur
State the transformations on the function f(x)= 4sin(x-pi)-2 and then graph two cycles below. State the transformations on the function f(x)= 4sin(x-pi)-2 and then graph two cycles below.
Video: How antibiotics works? 💊

For a complete list of videos, visit our video library