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

Author Question: The short-run aggregate supply curve: a. Is a schedule showing the relationship between the price ... (Read 22 times)

armygirl

  • Hero Member
  • *****
  • Posts: 556
on: Jun 30, 2018
The short-run aggregate supply curve:
 a. Is a schedule showing the relationship between the price level and the quantity of real GDP supplied.
  b. Is typically upward sloping.
 c. reflects output prices changing relative to input prices.
  d. all of the above

Question 2

The Keynesian aggregate expenditures model assumes that:
 a. production does not adjust to changes in aggregate expenditures.
  b. aggregate supply is autonomous.
  c. prices do not decrease when aggregate demand decreases.
  d. aggregate supply determines the equilibrium level of real GDP.
  e. prices are positively related to aggregate demand.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

annierak

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

d

Answer to Question 2

c


armygirl

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

frankwu0507

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

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?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Two views of the phylogenetic relationship between Neandertals and modern H. sapiens. Two views of the phylogenetic relationship between Neandertals and modern H. sapiens.
When teenagers live in single-parent homes, a good relationship with grandparents is related to ... When teenagers live in single-parent homes, a good relationship with grandparents is related to ...
Unregulated populations "J-shaped curve" Unregulated populations "J-shaped curve"
Relationship of Sun Angle and Solar Radiation Relationship of Sun Angle and Solar Radiation
The age-of-onset curve for Huntington disease (HD) The age-of-onset curve for Huntington disease (HD)
Video: Immune responses Animation

For a complete list of videos, visit our video library