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

Author Question: The short-run aggregate supply curve: a. is positively sloped. b. is negatively sloped. c. is a ... (Read 236 times)

09madisonrousseau09

  • Hero Member
  • *****
  • Posts: 559
on: Jun 30, 2018
The short-run aggregate supply curve:
 a. is positively sloped.
 b. is negatively sloped.
 c. is a vertical line parallel to the price level axis.
 d. is a horizontal line parallel to the output axis.
 e. is a ray from the origin with slope exactly equal to 1.

Question 2

Which one of these statements is correct?
 a. The lower the interest rate, the higher the opportunity cost of holding assets in the form of money.
  b. The quantity of money supplied is independent of the interest rate.
 c. The larger the supply of money, the higher the interest rate, all things equal.
 d. Travelers checks and government bonds are equally liquid assets.
 e. The demand for money increases whenever the price level decreases.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

angrybirds13579

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

a

Answer to Question 2

b


09madisonrousseau09

  • Hero Member
  • *****
  • Posts: 559
Reply #2 on: Jun 30, 2018
Correct answers!


angrybirds13579

  • Sr. Member
  • ****
  • Posts: 344
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

Medication errors are three times higher among children and infants than with adults.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Examining the survivorship curve of a Dall mountain sheep population reveals information on the caus Examining the survivorship curve of a Dall mountain sheep population reveals information on the caus
supply chain supply chain
A Dose-Response Curve A Dose-Response Curve
An Inverted U Curve An Inverted U Curve
Oxygen dissociation curve Oxygen dissociation curve
Titration curve for aspartic acid Titration curve for aspartic acid
Video: Language Areas Animation

For a complete list of videos, visit our video library