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

Author Question: The misperception effect explanation for an upward-sloping short-run aggregate supply curve is based ... (Read 93 times)

fagboi

  • Hero Member
  • *****
  • Posts: 535
on: Jun 30, 2018
The misperception effect explanation for an upward-sloping short-run aggregate supply curve is based on:
 a. falling profit margins as the price level rises.
 b. rising costs of production as the price level rises.
 c. fixed wage labor contracts.
 d. people mistaking changes in aggregate demand for changes in the demand for their goods relative to other goods and services.

Question 2

The paradox of thrift explains that increased savings by households could actually lower savings for the economy as a whole.
 a. True
  b. False
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Loise Hard

  • Sr. Member
  • ****
  • Posts: 340
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

True


fagboi

  • Member
  • Posts: 535
Reply 2 on: Jun 30, 2018
Wow, this really help

fatboyy09

  • Member
  • Posts: 358
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Organization of proteins based on motifs Organization of proteins based on motifs
Descartes’ Explanation of a Reflex Action to a Painful Stimulus Descartes’ Explanation of a Reflex Action to a Painful Stimulus
Hormones acting through the brain help regulate metabolism and short- and long-term appetite. Hormones acting through the brain help regulate metabolism and short- and long-term appetite.
Human photopic (cone) and scotopic (rod) spectral sensitivity curves. The peak of each curve has ... Human photopic (cone) and scotopic (rod) spectral sensitivity curves. The peak of each curve has ...
Minerals are nonrenewable resources in limited supply Minerals are nonrenewable resources in limited supply
The Coriolis Effect The Coriolis Effect
Video: Condensation and Hydrolysis Animation

For a complete list of videos, visit our video library