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nataly862011 [7]
3 years ago
9

Economists who view the AS curve as upward-sloping believe that changes on the demand side _______ result in changes in Real GDP

in the short run. Economists who view the AS curve as vertical believe that government changes from the demand side________________ to raise Real GDP in the short run
Business
2 answers:
ch4aika [34]3 years ago
7 0

Answer:

Economists who view the AS curve as upward-sloping believe that changes on the demand side <u>CAN</u> result in changes in Real GDP in the short run. Economists who view the AS curve as vertical believe that government changes from the demand side <u>CANNOT DO ANYTHING</u> to raise Real GDP in the short run.

Explanation:

In the short run, the aggregate supply (AS) curve is upward sloping because most input prices are fixed in the short run. So a change in the aggregate demand will cause the AS curve to change in the short run. If the demand increases, the aggregate supply will increase, and vice versa.

On the long run, input prices are not fixed, so the AS curve is vertical and any changes in the aggregate demand will not affect it.

Yanka [14]3 years ago
5 0

Answer:

May; cannot do anything

Explanation:

In the short run, the aggregate supply curve will react to price level, which means it is upward sloping rather than vertical. If the price level increases, quantity supplied will increase. If the price level decreases, the quantity supplied will decrease.

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Answer:

Answer A

Explanation:

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Export: when a country produces more goods than their needs, then these countries sell particular goods to other countries. goods sold to other countries called export goods.

when a goods is called import for a country, the same goods is called export for another country.

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3 years ago
The balance of an account is determined by
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Answer:

(B) adding all of the debits, adding all of the credits, and then subtracting the smaller sum from the larger sum

Explanation:

While calculating the closing balance of any account,

There includes two possibilities that the account might have debit balance or the account might have credit balance. And for computing this:

All the debits shall be accumulated and then their total shall be computed.

Similarly, all the credits shall be accumulated and their total shall be done.

Which ever is more then the account will have that nature of balance, accordingly the smaller shall be deducted from the larger one and the larger one will decide the nature of balance whether debit or credit.

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3 years ago
On October 31, 2015, the bank statement shows that your company has $12,956.73 in its checking account. You are aware of three o
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Answer:

C. $11,498.73.

Explanation:

Solving this question, we will have to make use of this formula:

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