Multiple Choice
Aggregate supply reflects billions of production decisions made by
A) consumers when they decide which products to purchase
B) households and firms,because they each demand goods and services
C) the largest firms and largest households
D) households,which demand resources,and firms,which supply resources
E) resource suppliers and firms
Correct Answer:

Verified
Correct Answer:
Verified
Q70: Which of the following types of unemployment
Q158: In the short run,there is a positive
Q159: The main effect of an increase in
Q161: Which of the following would shift the
Q162: As an expansionary gap is closed in
Q164: When the economy is at its potential
Q165: Suppose that the actual and expected price
Q166: Exhibit 10-2 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4914/.jpg" alt="Exhibit 10-2
Q167: Which of the following is true in
Q168: For the purpose of aggregate supply analysis,the