Answer:
c) shows prices, wages, and interest rates to be inflexible.
Explanation:
A long-run aggregate supply curve, which is also known as LRAS is a concept which shows the output of goods and the services which an economy is able to produce using all the factors of its production and hence when it is operating at a full employment.
It is determined by a vertical line which sets to the real output level, thus corresponding to the fully employed economy. The vertical curve indicated that the output is not influenced or affected by any changes in price level in the long run.
When there is an economic growth, the LRAS curve shifts outward.
Hence the correct option is (c).
Answer:
the answer Is H_ building English colonies in North America
Explanation:
<span>“Pride and Prejudice” By Jane Austen might be seen as a comic novel, in fact is it a comedy of manners because it portrays the life of a family in the 18th century and the complexity of event among them. </span>
A Market Surplus occurs when there is excess supply- that is quantity supplied is greater than quantity demanded. ... In this situation, excess supply has exerted downward pressure on the price of the product. A Market Shortage occurs when there is excess demand- that is quantity demanded is greater than quantity supplied.
The Harlem Renaissance began to emerge in the midst of an intellectual and social upheaval that eventually emerged and spread throughout the twentieth century African American community. Something that happened shortly after the North American Civil War that ended up generating a black middle class, something that greatly favored the emergence of jobs and better education for the descendant Africans.
