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

Author Question: The slope of the short-run aggregate supply curve depends on how sharply: a. the marginal cost of ... (Read 56 times)

lb_gilbert

  • Hero Member
  • *****
  • Posts: 588
on: Jun 30, 2018
The slope of the short-run aggregate supply curve depends on how sharply:
 a. the marginal cost of production rises as real GDP expands.
  b. the average cost of production rises as real GDP expands.
  c. real GDP increases as the price level rises.
 d. nominal GDP increases as the price level rises.
 e. product prices change as the price level rises.

Question 2

The equilibrium interest rate in a money market is determined by:
 a. the rate of inflation.
 b. aggregate demand and aggregate supply.
  c. money demand and money supply.
 d. the Congress.
 e. the Fed.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mcni194

  • Sr. Member
  • ****
  • Posts: 311
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

c


lb_gilbert

  • Member
  • Posts: 588
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

Viet Thy

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Blood-typing and cross-reactions: The blood type depends on the presence of surface antigens (agglut Blood-typing and cross-reactions: The blood type depends on the presence of surface antigens (agglut
Cost Savings with an EHR System Cost Savings with an EHR System
Minerals are nonrenewable resources in limited supply Minerals are nonrenewable resources in limited supply
The Kuznets Curve The Kuznets Curve
The profit, p(t), made at a fair depends on the price of the ticket, t. The profit is modelled ... The profit, p(t), made at a fair depends on the price of the ticket, t. The profit is modelled ...
The age-of-onset curve for Huntington disease (HD) The age-of-onset curve for Huntington disease (HD)
Video: EpiPen Animation (Part 1)

For a complete list of videos, visit our video library