1. The short-run aggregate supply curve shows: a. What happens to output in an economy as the price level changes, holding all other determinants of real GDP constant. b. What happens to output in a What is the difference between 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.
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 ...
Gari Jenkins The aggregate demand curve shows the relationship between the price level and output. The horizontal axis (Y) measures total economic output or GDP (the demand for goods and services by all sectors of the economy). The vertical axis (P) uses the overall price level for the econ...
请问一个微观经济很基础的题目 请问能让一个短期的供应曲线向左移动的条件是什么增加了?(the short-run aggregate supply curve is
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...
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. ...
【单选题】The sticky-wage theory of the short-run aggregate supply curve says that the quantity of output firms supply will increase if A. the price level is higher than expected making production more profitable. B. the price level is higher than expected making production less pr...
New classical economists: economists who think h e long-run aggregate supply curve shows the relationship that the LRAS curve is vertical and that the economy will between real GDP and changes in the price level when move towards full employment without government there has been time for input ...
1. The Phillips curve shows the combinations of inflation and unemployment that arise in the short run as shifts in the aggregate-demand curve move the economy along the short-run aggregate-supply curve. 2. The greater the aggregate demand for goods and services, the greater the economy’s ...