The long-run aggregate supply curve represents the level of domestic output that companies will produce at each price level. “Long run” is defined as the time required for wages, prices, and expectations to adjust but not long enough for physical capital to become a variable input: Capital ...
Which of the following will cause the aggregate supply curve toshift to the right? ( ) A. Increasesin wages and salaries paid to employees. B. Increasesin the prices of oil and natural gas. C. Increasesin taxes for business. D. Newwork rules that increase the productivity of labor. ...
If the aggregate supply curve is Keynesian, then we expect that when there is unemployment, the aggregate supply curve will be A flat line A vertical line An upward sloping line An upward sloping curve To encourage long-run growth, we ...
(the short-run aggregate supply curve is likely to shift to the left when there is an increase in)A. 生产资源成本(The cost of productive resources)B.The money supplyC.进口(Import)为什么是选C不是A,或者B?请解释一下谢谢。相关知识点: 试题来源: 解析 A和B都是影响供给的因素 进口增加,短时间...
The aggregate demand curve is the sum of individual demand curves in the economy. (a) true (b) false Economy: The economy of a country is comprised of economic factors such as demand, supply, investment, inflation, and others. The country's economy should al...
the supply curve shifts to the left. 21. Equilibrium in a market indicates:c. there is no tendency for price to change. 1. The study of macroeconomics includes, among other topics, which of the following? e. all the above. 2. The practice of directing government policy to support the ...
Operating in the intermediate range of the aggregate supply curve,an increase in aggregate demand results in an increase in (a) price level only (b)real GDP only(c) neither price level nor real GDP(d)nominal GDP only (e)price level and real GDP...
The sticky wage theory of the short-run aggregate supply curve says that when prices fall unexpectedly, the real wage A.rises, so employment rises.B.rises, so employment falls.C.falls, so employment rises.D.falls, bo employment falls.
Wells reviews the consequences of the fact that money wages are downwardly sticky and concludes that this is reason for rejecting the basic tenet of the classical school that there is a market-clearing wage-price mechanism that drives the economy to a unique full-employment equilibrium. The ...
结果1 题目 An unexpected increase in the price level does not shift the aggregate supply curve, but an expected increase in the price level shifts the aggregate supply curve to the left. 相关知识点: 试题来源: 解析 正确 反馈 收藏 ...