The economy's long-run AS curve assumes that wages and other resource prices:
a. eventually, rise and fall to match upward or downward changes in the price level.
b. are flexible upward but inflexible downward.
c. rise and fall more rapidly than the price level.
d. are relatively inflexible both upward and downward.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The economy's long-run AS curve assumes that wages and other resource prices: a. eventually, rise and fall to match upward or downward ...” in 📙 Social Studies if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
I am of latinoamerica, rooted in the history of my continent: i speak from that body. in these two lines, the speaker is showing how latinoamerica is the foundation of culture. it is important for people to visit their homelands.
Answers (2)
Why do you think it is inappropriate to list family members as references on a resume?
Answers (1)
If you are a member of the U. S. navy, your organization is part of the department of
Answers (2)
Spanish explorer who first discovered the Pacific ocean
Answers (1)
Which of the authors of the Federalist papers wrote about foreign-policy
Answers (2)
New Questions in Social Studies
Which describes the terms of the agreement at the 38th parallel? A) This arrangement settled a dispute over the Allied encroachment into North Korean territory and established the upper limit of Allied reach at N38° latitude.
Answers (1)
Contracts should be entered with good faith the intention of honoring them True False
Answers (2)
Which geographic region of the United States did Jackson represent?
Answers (1)
Name two regions set up by the crusaders in the eastern Mediterranean area
Answers (1)
The functionalist perspective on who should rule in society favors
Answers (1)