1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
hodyreva [135]
3 years ago
14

The long-run aggregate supply curve

Business
1 answer:
pantera1 [17]3 years ago
8 0

Answer:

Option 1 - The long-run aggregate supply curve  is very sensitive to changes in the price level.

Explanation:

The long-run aggregate supply curve, LRAS, is a curve that reveals the relationship between the price level and real GDP that would be supplied if all prices, including nominal wages, were fully flexible; price can change along the LRAS, but the output cannot because output reflects the full-employment output.

Therefore, the long-run aggregate supply curve is very sensitive to changes in the price level.

You might be interested in
Your client, Brooke, decides to start saving for her son's college tuition. Her son was born today and will go to college at age
oksian1 [2.3K]

Answer:

The present value of the total amount that Brooke needs to have saved at the beginning of her son's first year of college is 31.959,13

Explanation:

Tuition Fees after inflation at

Year 18 = 15000* ( 1+6.5%)18 = 46599.8157

Year 19 = 15000* ( 1+6.5%)19 = 49628.8037

Year 20 = 15000* ( 1+6.5%)20 =  52854.6759

Year 21 = 15000* ( 1+6.5%)21 =  56290.2299

Since discount rate = 10%

So discount factor = 1+r = 1+10% = 1.1

Since fees are paid at beginning of period hence

Present Value of Fees = Fees (year 18)/1.1^18 +Fees at Year 19/1.1^19 +Fees at Year 20/1.1^20 + Fees at year 21/1.1^21 = 46599.8157/1.1^18 +  49628.8037/1.1^19 +  52854.6759/1,1^20 + 56290.2299^21 = 31959.13

3 0
4 years ago
The original cost of a product is 75$. Inflation for the first year is 8 percent; for the second year, inflation is 10 percent.
jonny [76]

Answer:

Answer 25 questions from  an A,B

Explanation:

4 0
3 years ago
________ controls cover security processes that are designed by strategic planners and implemented by the security administratio
stepladder [879]

Answer:

d. Managerial

Explanation:

The managerial controls covers the process of the security that could be designed via strategic planners and the same should be implemented via the organization security administration

So as per the given situation, the option d is correct

And, the rest of the options are incorrect

The same should be relevant

6 0
3 years ago
Aletha has been having difficulty in her first-period history class. one day aletha misses the school bus. she has to walk to sc
Anuta_ua [19.1K]
She is not being proactive and waking up early enough to get on the bus
3 0
3 years ago
Which of the following methods may be used to report comprehensive income? (Select all that apply.) Check All That Apply In a si
Alex17521 [72]
I suggest reading the question carefully and the reading part
7 0
2 years ago
Other questions:
  • In early​ 2008, it appeared that the u.s. economy was either in a recession or growing very slowly. president bush announced a p
    12·1 answer
  • The ________ run by the u.s. department of labor enables public employment agency counselors to advise applicants about local an
    11·1 answer
  • Nell and Kirby are in the process of negotiating their divorce agreement. What should be the tax consequences to Nell and Kirby
    14·1 answer
  • EA7.
    14·1 answer
  • Coleman Luggage has liabilities of $870,000 that the company must pay back by the end of the month. It currently has a cash bala
    7·1 answer
  • Ramkissoon Midwifery's cost formula for its wages and salaries is $2,060 per month plus $442 per birth. For the month of July, t
    10·1 answer
  • Suzanne, Kyle, and Monique have been arguing for days over how they are going to divide up the responsibilities for their group
    9·1 answer
  • NewDigger Inc. makes backhoes for digging ditches and trenches. It has developed an environmental-friendly liquid that, when pou
    8·1 answer
  • Blake has a credit score of 611. According to the following table, at what level
    11·2 answers
  • Which of the following is subjective factor that colleges might consider when evaluating your application?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!