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

Author Question: In constructing the short-run aggregate supply curve, we define the short run as the period in ... (Read 64 times)

ssal

  • Hero Member
  • *****
  • Posts: 572
on: Jun 30, 2018
In constructing the short-run aggregate supply curve, we define the short run as the period in which:
 a. the price level is constant.
 b. output is fixed.
 c. profit is constant.
 d. the costs of some resources are fixed.
 e. the economic growth rate is less than 4 percent.

Question 2

A movement upward and to the left along the money demand curve is caused by:
 a. an increase in the interest rate.
 b. a decrease in the interest rate.
 c. a decrease in real GDP.
 d. an increase in real GDP.
 e. an increase in the average price level.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

meltdown117

  • Sr. Member
  • ****
  • Posts: 326
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

a


ssal

  • Hero Member
  • *****
  • Posts: 572
Reply #2 on: Jun 30, 2018
Thank you


meltdown117

  • Sr. Member
  • ****
  • Posts: 326
Reply #3 on: Jun 30, 2018
No problemo


« previous next »
 

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Bell Curve for Intelligence IQ scores for a population-based sample usually fall into this kind of Bell Curve for Intelligence IQ scores for a population-based sample usually fall into this kind of
Eleanor Antin, Constructing Helen, from the series Helen's Odyssey. Eleanor Antin, Constructing Helen, from the series Helen's Odyssey.
Embryonic Period Embryonic Period
Embryonic Period Embryonic Period
Embryonic Period - End of the 4th week Embryonic Period - End of the 4th week
Constructing a Three-Point Recombination Map Constructing a Three-Point Recombination Map
Video: Major Elements in Biological Molecules: Nucleic acids

For a complete list of videos, visit our video library