True/False
Long term contracts for inputs can lead to the slow adjustment of input prices in response to changes in aggregate demand.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q55: The interest rate effect helps explain why
Q56: What role do imports play in aggregate
Q57: Increases in the capital stock:<br>A)Shift the short
Q58: The real wealth and the real interest
Q59: An increase in the U.S. price level
Q61: Stagflation could be caused solely by a
Q62: If your wages are indexed so that
Q63: In the short run, an increase in
Q64: A reduction in business expectations, combined with
Q65: The SRAS curve is _ with real