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Author Question: Related to the Economics in Practiceon p. 547: In the simple "Keynesian" view, the economy has a (Read 68 times)

leo leo

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on: Apr 19, 2019

Question 1

If wages and other costs fully adjust to changes in prices in the long run, the long-run aggregate supply curve is


◦ vertical.
◦ horizontal.
◦ positively sloped.
◦ negatively sloped.

Question 2

Related to the 
Economics in Practice on p. 547: In the simple "Keynesian" view, the economy has a


◦ clearly defined capacity.
◦ set price level.
◦ downward sloping aggregate supply curve.
◦ horizontal aggregate demand curve.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by leo leo on Apr 19, 2019

isabelt_18

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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leo leo

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Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review

diana chang

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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