Multiple Choice
The short-run aggregate supply curve has a(n) ________ slope because as prices of ________ rise, prices of ________ rise more slowly.
A) positive; final goods and services; inputs
B) infinite; final goods and services; inputs
C) positive; inputs; final goods and services
D) infinite; inputs; final goods and services
E) zero; final goods; inputs
Correct Answer:
Verified
Correct Answer:
Verified
Q24: An increase in government spending will result
Q26: When the price level rises from 110
Q174: When potential GDP increases,long-run aggregate supply also
Q199: During the winter of 2015, incredible snowfall
Q200: Figure 9.3 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3061/.jpg" alt="Figure 9.3
Q201: One factor that brought on the recession
Q202: Figure 9.6 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3061/.jpg" alt="Figure 9.6
Q203: The _ curve is vertical.<br>A)short-run aggregate supply<br>B)short-run
Q207: _ of unemployment during _ make it
Q209: Deflation will<br>A)increase aggregate demand.<br>B)increase the quantity of