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aivan3 [116]
3 years ago
10

The economy's long-run AS curve assumes that wages and other resource prices _____. rev: 06_12_2018 Multiple Choice eventually r

ise and fall to match upward or downward changes in the price level are flexible upward but inflexible downward rise and fall more rapidly than the price level are relatively inflexible both upward and downward
Business
1 answer:
liubo4ka [24]3 years ago
8 0

Answer: eventually rise and fall to match upward or downward changes in the price level.

Explanation:

Long-run aggregate supply (LRAS) curve simply shows the long-term output for a country. In the long-run, it should be noted that the aggregate supply curve is vertical, which shows that the changes in the aggregate demand will only result in a temporary change with regards to the total output of the economy.

The aggregate supply curve of an economy assumes that the wages and other resource prices eventually rise and fall to match upward or downward changes in the price level.

Therefore, the correct option is A.

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In a statement of cash flows using the indirect method, an increase in available-for-sale securities due to an increase in their
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4 0
3 years ago
The tables show the annual incomes for the citizens in two countries, Melka and Sorare. Use this information to answer the quest
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Answer: The nation of Sorare

Explanation:

The Gini coefficient is a statistical measure that is used to measure income disparity/ inequality in a country.

The closer to zero the Gini coefficient is, the more equitable the income in a country is. Simply put, if more people in a nation have similar levels of income, the Gini coefficient will be smaller.

In the question, the nation of Sorare has two people earning a high amount of money while others make considerably less. This shows a high income disparity which means that the Gini coefficient here will be higher than in Melka where citizens mostly have similar incomes.

4 0
3 years ago
Which trade strategy have developing countries used to replace commodity exports with exports such as processed primary products
Igoryamba

Answer: Export promotion

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The primary goal for the blue ginger multi-grain blue rice chips campaign should be
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What exactly is the goal?

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Setting objectives can assist us progress in life. Goals provide us with a road map to follow. Even if we fail, goals are a wonderful method of holding ourselves accountable. Setting objectives and working toward them assists us in defining.

To know more about Goals visit:

brainly.com/question/6478420

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