Business, 05.05.2020 17:03 ianmorales4894

Complete the statements about the following three theories for the upward slope of the short-run aggregate-supply curve.
According to the sticky-wage theory, the economy is in a recession because the price level has declined so that real wages are too , thus labor demand is too .
According to the sticky-price theory, the economy is in a recession because .
According to the misperceptions theory, the economy is in a recession when the price level is what was expected. (fill in the blanks).

Answers: 1

Show answers

Another question on Business

Business, 21.06.2019 16:10

Computing depreciation, net book value, and gain or loss on asset sale lynch company owns and operates a delivery van that originally cost $46,400. lynch has recorded straight-line depreciation on the van for four years, calculated assuming a $5,000 expected salvage value at the end of its estimated six-year useful life. depreciation was last recorded at the end of the fourth year, at which time lynch disposes of this van. compute the net bookvalue of the van on the disposal date.

Answers: 1

Answer

Business, 22.06.2019 01:30

How will firms solve the problem of an economic surplus a. decrease prices to the market equilibrium price b. decrease prices so they are below the market equilibrium price c.increase prices

Answers: 3

Answer

Business, 22.06.2019 08:30

Match the given situations to the type of risks that a business may face while taking credit. 1. beta ltd. had taken a loan from a bank for a period of 15 years, but its sales are gradually showing a decline. 2. alpha ltd. has taken a loan for increasing its production and sales, but it has not conducted any research before making this decision. 3. delphi ltd. has an overseas client. the economy of the client’s country is going through severe recession. 4. delphi ltd. has taken a short-term loan from the bank, but its supply chain logistics are not in place. a. foreign exchange risk b. operational risk c. term of loan risk d. revenue projections risk

Answers: 3

Answer

Business, 22.06.2019 12:50

Demand increases by less than supply increases. as a result, (a) equilibrium price will decline and equilibrium quantity will rise. (b) both equilibrium price and quantity will decline. (c) both equilibrium price and quantity will rise

Answers: 3

Answer

You know the right answer?

Complete the statements about the following three theories for the upward slope of the short-run agg...

Questions