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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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1 year ago
Assignment:
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<h3 /><h3>Partnerships</h3>

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6 0
2 years ago
The natural rate of unemployment- also called full employment- means
nignag [31]

Answer:a

Explanation:

5 0
3 years ago
g "At the end of the current year, the owners' equity in Barclay Bakery is $260,000. During the year, the assets of the business
rewona [7]

Answer:

$205,000

Explanation:

Let us assume Owners' equity at the beginning be X

So, the Increase in Owners' equity is $260,000 - X

As we know that

Accounting equation is

Total assets = Total liabilities + total stockholder equity

So,

Total Increase in Assets = Total Increase in Liabilities + Increase in Owners' equity

$134,000 = $79,000 + $260,000 - X

$134,000 = $339,000 - X

So, the X =

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5 0
3 years ago
Larry Bar opened a frame shop and completed these transactions:1. Larry started the shop by investing $40,800 cash and equipment
natita [175]

Answer:

$44,100

Explanation:

Larry Bar

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Hence:

$40,800-$2,000+$5,300

=$44,100

Cash account balance will be $44,100

6 0
3 years ago
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