« previous next »

Author Question: The short-run aggregate supply curve is positively sloped. Which of the following is not one of the ... (Read 89 times)

NClaborn

  • Hero Member
  • *****
  • Posts: 560
on: Jun 30, 2018
The short-run aggregate supply curve is positively sloped. Which of the following is not one of the explanations given in the text?
 a. the misperception effect
 b. Sticky wage theory
 c. market effect
 d. All of the above are explanations of the profit effect.

Question 2

Which of the following is associated with an increase in the average price level?
 a. A decrease in the aggregate quantity demanded
  b. An increase in the aggregate quantity demanded
  c. A leftward shift of the aggregate demand curve
  d. A decrease in the aggregate quantity supplied
  e. Aggregate quantity demanded remains unchanged but the aggregate expenditures curve shifts leftward.


Jody Vaughn

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

a


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

The adsorption spectrum of rhodopsin compared with the human scotopic spectral sensitivity curve. The adsorption spectrum of rhodopsin compared with the human scotopic spectral sensitivity curve.
Relations Between Iconic Memory, Short-Term Memory, and Long-Term Memory Relations Between Iconic Memory, Short-Term Memory, and Long-Term Memory
Titration curve for aspartic acid Titration curve for aspartic acid
Hockey stick” curve Hockey stick” curve
Aggregate Fruits: Strawberry Aggregate Fruits: Strawberry
Video: Michaelis–Menten equation & Kinetic parameters

For a complete list of videos, visit our video library