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Author Question: Which of the following is true of the short-run aggregate supply curve? a. It shows the relation ... (Read 30 times)

D2AR0N

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on: Jun 30, 2018
Which of the following is true of the short-run aggregate supply curve?
 a. It shows the relation between the inflation rate and the quantity of aggregate output firms supply, other things constant.
  b. It shows the relation between the price of labor and the aggregate quantity of labor workers supply, other things constant.
  c. It shows the relation between the interest rate and the quantity of capital goods firms supply, other things constant.
  d. It shows the relation between the price level and the quantity of aggregate output firms supply, other things constant.
  e. It shows an inverse relationship between the price level and real GDP.

Question 2

A higher discount rate generally decreases excess reserves.
 a. True
  b. False
  Indicate whether the statement is true or false


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k.lashomb

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

d

Answer to Question 2

True


D2AR0N

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Reply #2 on: Jun 30, 2018
Correct answers!


k.lashomb

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Reply #3 on: Jun 30, 2018
Great! Please up vote :D


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