Multiple Choice
The short-run aggregate supply curve is upward-sloping because:
A) in the short run,an increase in spending leads to an increase in output.
B) wages increase with an increase in output in the short run.
C) wages and prices are sticky in the short run.
D) an increase in spending only leads to an increase in prices.
Correct Answer:
Verified
Correct Answer:
Verified
Q40: An increase in expected inflation will cause
Q41: If <span class="ql-formula" data-value="\vec {
Q42: Use the following to answer questions <br>Figure:
Q43: Which of the following contributed to the
Q44: The economy's aggregate demand curve shows all
Q46: If the growth rate of the money
Q47: An increase in the growth rate of
Q48: An unexpected outward shift of the economy's
Q49: In the AD-AS model,changes in the growth
Q50: Which of the following best describes the