One reason the short-run aggregate-supply curve slopes upward is that a higher price level a. raises nominal
Question:
One reason the short-run aggregate-supply curve slopes upward is that a higher price level
a. raises nominal wages if real wages are sticky.
b. reduces nominal wages if real wages are sticky.
c. raises real wages if nominal wages are sticky.
d. reduces real wages if nominal wages are sticky.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (3 reviews)
a raises nominal wages if real wages are sticky One reas...View the full answer
Answered By
Shubhradeep Maity
I am an experienced and talented freelance writer passionate about creating high-quality content. I have over five years of experience working in the field and have collaborated with several renowned companies and clients in the SaaS industry.
At Herman LLC, an online collective of writers, I generated 1,000+ views on my content and created journal content for 100+ clients on finance topics. My efforts led to a 60% increase in customer engagement for finance clients through revamping website pages and email interaction.
Previously, at Gerhold, a data management platform using blockchain, I wrote and published over 50 articles on topics such as Business Finance, Scalability, and Financial Security. I managed four writing projects concurrently and increased the average salary per page from $4 to $7 in three months.
In my previous role at Bernier, I created content for 40+ clients within the finance industry, increasing sales by up to 40%.
I am an accomplished writer with a track record of delivering high-quality content on time and within budget. I am dedicated to helping my clients achieve their goals and providing exceptional results.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
An electronic missile guidance system consists of the following components: Components A, B, C, and D have reliabilities of 0.96, 0.98, 0.90, and 0.99, respectively. What is the reliability of the...
-
A racecar travels around the track shown at a constant speed. At which point will the racecar have the largest acceleration? (a) A (b) B (c) C (d) The acceleration will be zero at all the points. A D...
-
Mai, a fashion retailer, did not record goods costing $500 taken for personal use. What was the effect of this error? Gross profit Profit for the year Overstated Understated Overstated Understated A...
-
On January 1, 20x1, Allan Co. purchased 400,000 bonds for 392,000. The bonds mature on January 1, 20x5 and pay 12% annual interest beginning January 1, 20x2. Transaction costs are negligible. The...
-
1. With U.S. Department of Health and Human Services data from 2000 and projected to 2018, the total public expenditures for health care H can be modeled by H = 624e0.07t where t is the number of...
-
Find all Sylow 3-subgroups of S 4 and demonstrate that they are all conjugate.
-
A businesss provision for doubtful debts was 900 on 31 December 2005. During the year ended 31 December 2006, the business received 200 from a trade debtor towards the settlement of a debt of 565...
-
The accounting records of Orth Electronics show the following data. Beginning inventory ..... 3,000 units at $5 Purchases ........ 8,000 units at $7 Sales ............ 9,400 units at $10 Determine...
-
5.[15 pts] If tanx = -1/6 and x is in the fourth quadrant 6. [18 pts] Prove the following: tanx-sinx= tanxsinx
-
A change in which of the following would shift the short-run aggregate-supply curve but not the long-run aggregate-supply curve? a. the labor force b. the capital stock c. the state of technology d....
-
Which of the following would shift the aggregatedemand curve to the left? a. a decline in the stock market b. an increase in taxes c. a decrease in government spending d. all of the above
-
Which event procedure contains the code to process when a check box is selected by the user? a. Checked b. CheckBoxChanged c. CheckedChanged d. SelectedCheckBox
-
Susan Jason, CPA, had been auditing the financial statements of Rosfeld Stores, Inc,, a large department store, for several years. During the last two years a nationwide economic recession had...
-
For each of the following scenarios, indicate whether action by the indicated party could be successfully brought against the auditor for (a) ordinary negligence under common law, (b) gross...
-
The items below appear on an employment application. Determine the level of measurement of the data for each category. (a) Highest grade level completed (b) Gender (c) Year of college graduation (d)...
-
What is global account management?
-
According to the AICPA's ethical standards, an auditor would be considered in- dependent in which of the following instances? a. The auditor has an automobile loan from a client bank. b. The auditor...
-
Dominos pizza is considering entering the marketplace in your community. Conduct a research by conducting a demand analysis and forecast for pizza in order to make a decision whether dominos should...
-
Recall that Chapter 8 described the binary search algorithm for finding a particular entry in an ordered list. The idea behind binary search is to begin looking in the exact center of the list. If...
-
A publisher faces the following demand schedule for the next novel from one of its popular authors: Price Quantity Demanded $100......... 0 novels 90......... 100,000 80......... 200,000 70............
-
A publisher faces the following demand schedule for the next novel from one of its popular authors: Price Quantity Demanded $100......... 0 novels 90......... 100,000 80......... 200,000 70............
-
A small town is served by many competing supermarkets, which have the same constant marginal cost. a. Using a diagram of the market for groceries, show the consumer surplus, producer surplus, and...
-
The transactions in the journal and the accounts in the ledger are linked together by a transfer process called:Group of answer choicesaudit trailmigratingpostingbalancing
-
Garbo township recorded it's police departments appropriations for the year ending June 30, 2025. Police appropriations had increased to $7,600,000. During the year's first budgetary month ending...
-
QUALITY INDICATOR: Ninety-five percent of physician appointments/reappointments will be completed within 90 days of receipt of all required materials. medical staff office health information business...
Study smarter with the SolutionInn App