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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:

Expensre for the year is $205

Explanation:

The cosumable equipment which offices uses regularly for professional working writing recording etc. Company holds it's inventory and record it transactions in office supplies account.

Beginning Supplies = $0

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Supplies at December 31 = $85

As we know

Ending Balance  = Beginning Balance + Purchases - Expense for the period

$85 = $0 + $290 - Expense for the period

$85 = $290 - Expense for the period

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Happy to help!

The correct statement includes the word: management.
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Answer:

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In this question, we have to find out the present value which is shown below:

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Answer:

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