Answer:
Step-by-step explanation:
uhhhh O-1.895, -1.95, -1 , a. 15 -1.895, -1.95 b. 1.95-, -1.895, -1 . -1.95,-1,-1.89 d. 1.895, -1.95
100 miles ............... 2 hours
x miles ................1 hour
x = 100 m / 2 h = 50 m / h
Answer: Option (c) is correct
Step-by-step explanation:
Slope of demand curve is negative and slope of supply curve is positive in both the models.
But labeling of axis is different in both the models. In the short-run macroeconomic model, y-axis represents the price level whereas x-axis represents the GDP.
While in the standard model for markets, y-axis shows the general price level whereas x-axis represents the output level.
<em>So</em><em> </em><em>the</em><em> </em><em>right</em><em> </em><em>answer</em><em> </em><em>is</em><em> </em><em>of</em><em> </em><em>option</em><em> </em><em>C</em><em>.</em>
<em>HOPE</em><em> </em><em>THIS</em><em> </em><em>WILL</em><em> </em><em>HELP</em><em> </em><em>U</em><em>.</em><em>.</em><em>.</em><em>=</em><em>)</em>
