Multiple Choice
Which of these is not assumed to be constant along a short-run aggregate supply curve?
A) The actual price level
B) The state of technology
C) The size and quality of the labor force
D) The expected price level
E) The size and quality of the capital stock
Correct Answer:
Verified
Correct Answer:
Verified
Q120: Floods in the Midwest that diminish farm
Q121: The natural rate of unemployment includes frictional,cyclical,and
Q122: The longer the unemployment rate remains above
Q123: Which of the following is most likely
Q124: Which of the following is true in
Q126: In a particular year,if the price level
Q127: A recessionary gap is usually closed in
Q128: The more the short-run output exceeds an
Q129: The figure below shows the short-run aggregate
Q130: Cyclical unemployment in an economy will be