« previous next »

Author Question: An explanation for why the short-run aggregate supply curve is upward-sloping is because: a. the ... (Read 64 times)

soccerdreamer_17

  • Hero Member
  • *****
  • Posts: 552
on: Jun 30, 2018
An explanation for why the short-run aggregate supply curve is upward-sloping is because:
 a. the quantity of real output supplied is inversely related to the aggregate supply curve.
  b. nominal incomes are fixed.
 c. the capital-output ratio is fixed.
 d. an increase in price will increase the marginal aggregate output.

Question 2

Which of the following characterizes the IACs?
 a. High per capita GDP growth and high population growth.
  b. Low per capita GDP growth and low population growth.
  c. Low per capital GDP growth and high savings rate.
  d. Low human capital investment.


Amiracle

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

The adolescent growth spurt in humans is seen as a “bump” in the height curve and a “spike” in the h The adolescent growth spurt in humans is seen as a “bump” in the height curve and a “spike” in the h
Short, Upbeat Massage Sessions can Improve Mental Alertness. Short, Upbeat Massage Sessions can Improve Mental Alertness.
The Lorenz Curve for the United States, 2009 The Lorenz Curve for the United States, 2009
Suppose a country imports televisions. The country's supply and demand curves are shown in ... Suppose a country imports televisions. The country's supply and demand curves are shown in ...
The circadian rhythm is a wave-like curve The circadian rhythm is a wave-like curve
Effects of acidosis and alkalosis on the oxyhemoglobin dissociation curve Effects of acidosis and alkalosis on the oxyhemoglobin dissociation curve
Video: Decubitus Ulcer

For a complete list of videos, visit our video library