A change in which of the following would shift the short-run aggregate-supply curve but not the long-run
Question:
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. the expected price level
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (4 reviews)
d the expected price level A change in the expected price ...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
1. In the classical model, it is thought that the long-run: A. and short-run aggregate supply curves are both upward sloping. B. aggregate supply curve is vertical and the short-run aggregate supply...
-
KYC's stock price can go up by 15 percent every year, or down by 10 percent. Both outcomes are equally likely. The risk free rate is 5 percent, and the current stock price of KYC is 100. (a) Price a...
-
Multiple Choice Questions: 1. In the short run, a decrease in the price level? a. Increases output prices relative to input prices. b. Increases the profit margins of many producers. c. Decreases...
-
When developing a survey instrument for a cross-country study, market researchers often need to construct a scale (e. g., a 7-point disagree/agree scale). What are the major items that one should be...
-
The intensity level of sound, I, is given by I / I0 = 10L/10 where L is the decibel reading and I0 is the standard threshold of audibility. If I / I0 = y, at what rate is y changing with respect to L...
-
Correct the definition of the italicized term without reference to the text, if correction is needed so that it is in a form acceptable for publication. A consequence of the set of relators is any...
-
At the end of the calendar year 2007, the provision for doubtful debts account is 2.5 percent of the trade debtors of 40,000 on that date. During the year 2008, bad debts of 2,500 were written off....
-
1. What stage of the product life cycle are these products currently in? 2. Discuss the factors HP Hewlett-Packard and other tech companies should consider when conducting the business analysis for a...
-
2 = e4r +2r-2 42+2r-2 Part 3 of 3 From the previous step we have ex (4r2 + 2r-2) = 0. Since ex is never 0, then we know 42 + 2r 2 = 0. Solving the above equation gives the solutions to the quadratic...
-
A sudden increase in business pessimism shifts the aggregate-________ curve, leading to ________ output. a. supply; lower b. supply; higher c. demand; lower d. demand; higher
-
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....
-
Discuss the following statement: "Because the environment is fragile and natural resources are finite, ultimately economic growth must come to an end."
-
Judy Hanlon, CPA, performed an audit and prepared the federal income tax return for the Guild Corporation for the year ended December 31, 19X2. This was Ms. Hanlon's first engagement for this client....
-
For each of the ethical situations listed below, indicate (1) whether or not a rule of profes- sional conduct has been violated and (2) which rule has been violated (if your answer to (1), above, is...
-
Mr. Clyde Neglent, CPA, was engaged to perform an audit of Hidden Records, Inc., a retail department store. Mr. Neglent had investigated the business and its owners before accepting the engagement...
-
A study showed an association between intentional weight loss and a decreased risk of high blood pressure. Is it appropriate to infer from this study that weight loss causes a decreased risk of high...
-
XYZ Oil Co. had been a problem for its auditor, Joe Jones, CPA, for several years. The company's stock was traded in the over-the-counter market, and management was concerned with keeping net income...
-
Describes dell's original innovative business model and explain the roles played in it by operations, financial, and strategic levels of control.
-
A bar of a steel alloy that exhibits the stress-strain behavior shown in Figure 6.22 is subjected to a tensile load; the specimen is 375 mm (14.8 in.) long and has a square cross section 5.5 mm (0.22...
-
Give two examples of price discrimination. In each case, explain why the monopolist chooses to follow this business strategy.
-
What gives the government the power to regulate mergers between firms? From the standpoint of the welfare of society, give a good reason and a bad reason that two firms might want to merge.
-
Describe the two problems that arise when regulators tell a natural monopoly that it must set a price equal to marginal cost.
-
Which of these are direct costs to Jesse and his family? Delayed knee surgery and ongoing knee pain affecting Jesse's quality of life and ability to work Disruption to Jesse's daily routine The...
-
Under the qualified pass-through business income deduction shareholders are permitted to deduct 20% of the business income against itself, this can then be claimed as a ___. Question 119Select one:...
-
Which of the following is NOT an example of a related-party transaction? Select answer from the options below A company gifts a large sum of money to a trust set up for the benefit of its employees....
Study smarter with the SolutionInn App