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

Author Question: The steepness of the aggregate supply curve depends on the: a. rate of inflation in the economy. ... (Read 46 times)

nevelica

  • Hero Member
  • *****
  • Posts: 563
The steepness of the aggregate supply curve depends on the:
 a. rate of inflation in the economy.
  b. change in relative prices of commodities.
  c. substitutability of the inputs used in producing various goods and services.
  d. ability of the producers to respond to price-level changes in the short run.
  e. the market rate of interest.

Question 2

The term ceteris paribus means that:
 a. everything is variable.
 b. all variables except those specified are constant.
 c. no one knows which variables will change and which will remain constant.
  d. what is true for the individual is not necessarily true for the whole.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ilianabrrr

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

d

Answer to Question 2

b




nevelica

  • Member
  • Posts: 563
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


matt95

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Gracias!

 

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

For a complete list of videos, visit our video library