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Author Question: In constructing a short-run aggregate supply curve, we assume that the goal of business is to: a. ... (Read 47 times)

Pea0909berry

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on: Jun 30, 2018
In constructing a short-run aggregate supply curve, we assume that the goal of business is to:
 a. maximize sales revenue.
 b. maximize profit.
 c. maximize growth in assets.
  d. maximize growth in sales.
  e. minimize cost.

Question 2

At a given point in time, if the demand for money increases:
 a. the interest rate will fall.
 b. there will be a movement downward along the money demand curve.
  c. there will be a movement upward along the money demand curve.
  d. there will be a rightward shift of the money demand curve.
 e. there will be a leftward shift of the money demand curve.


kardosa007

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

d


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