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
castortr0y [4]
3 years ago
7

Complete the statements about the following three theories for the upward slope of the short-run aggregate-supply curve.

Business
1 answer:
Strike441 [17]3 years ago
6 0

Answer:

high,high

not all prices adjust quickly

below

Explanation:

According to the sticky-wage theory, the economy is in a recession because the price level has declined so that real wages are too high, thus labor demand is too high.

Real wages decline as nominal wages are adjusted. As a result, the economy returns to full employment

According to the sticky-price theory, the economy is in a recession because not all prices adjust quickly.

As people observe the lower price level, the economy returns to the long-run aggregate supply curve.

According to the misperceptions theory, the economy is in a recession when the price level is below what was expected.

As people observe the lower price level, their expectations adjust.

You might be interested in
In the state of Florida if you're convicted of reckless driving you'll be assessed how many points
Greeley [361]
In the state of FL you'll be assessed 4 points.
6 0
3 years ago
Read 2 more answers
Consider a mutual fund with $300 million in assets at the start of the year and 12 million shares outstanding. If the gross retu
Vikentia [17]

Answer:

A 15.64%

Explanation:

300*1.18 = 354

354*0.02 = 7.08

354 - 7.08 = 346.92

rate of return = 346.92/300

                      = 15.64%

Therefore, The rate of return on the fund is 15.64%

3 0
3 years ago
During the decade-long war in Iraq, the U.S. government spent two trillion dollars for military operations and reconstruction in
Y_Kistochka [10]
The correct option is A.
Fiscal policy refers to those government policies which are targeted at managing the economy by controlling tax, spending and federal budget.
Military spending are part of the federal budget that are prepared in US every year.<span />
3 0
3 years ago
Emily works in an orphanage and strongly believes that what she does is important and adds real values to the lives of others. S
Allushta [10]

Answer: EMPATHY

Explanation: Empathy can be defined as the ability of an individual to understand the feelings of other individuals. It is the capacity of experiencing the difficulties that the others are facing.

In the given case, Emily works in an orphanage and believes what she do is important. Emily understands the feeling of loneliness that those orphan children experiences even though she is not an orphan herself. Hence , we can conclude that she is reflecting empathy.

3 0
4 years ago
Read 2 more answers
L Inc. has provided the following data for the month of November. The balance in the Finished Goods inventory account at the beg
Softa [21]

Answer:

Adjusted cost of goods sold          234,900

Explanation:

<em>To calculate the the adjusted cost of goods sold , we need to first determine the over or under applied overhead.</em>

<em>Over applied overhead = absorbed overhead - actual over heads</em>

                                         =$59,200- $55,900

                                         = $3,300

<em>This will be deducted from the the cost of goods produced because it is the amount by the which actual production has been over stated.</em>

The adjusted cost of goods sold is determined as follows:

                                                             $

Opening inventory                           55,000

Cost of goods manufactured          213,000

Over applied overheads                  (3,300)

Less closing inventory                    <u> (30,300)</u>

Adjusted cost of goods sold        <u>  </u><u>234,900</u>

7 0
4 years ago
Other questions:
  • Suppose a family has saved enough for a 10 day vacation (the only one they will be able to take for 10 years) and has a utility
    8·1 answer
  • Which organizational structure is easily displayed in student's notes written in two columns with an action on the left column a
    8·1 answer
  • You have been offered a project paying​ $300 at the beginning of each year for the next 20 years. What is the maximum amount of
    13·1 answer
  • Mike paid $4,000 of interest on a qualified education loan that he used to pay for his dependent son’s college education. How mu
    12·1 answer
  • What human relations skills is most clearly related to communication?
    12·1 answer
  • Your auto insurance policy has a $200 monthly premium and $700 deductible. what is the maximum amount you will have to pay out-o
    11·2 answers
  • McMahon Inc. reported the following on the company's statement of cash flows in 2016 and 2015:
    11·1 answer
  • Suppose that the demand for loanable funds for car loans in the milwaukee area is $10 million per month at an interest rate of 1
    14·1 answer
  • According to the Harvard business review article titled, “The new new product development game”, what does it mean to create bui
    7·1 answer
  • Assume that currently banks pay 2% interest on money that customers deposit in savings accounts. As the overall amount of money
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!