Register
The short-run aggregate supply curve would be vertical if (A) nominal wages adjust immediately to changes in the price level (B) nominal wages adjust slowly when there is unemployment (C) both nominal
92.4k views
1 vote
The short-run aggregate supply curve would be vertical if

(A) nominal wages adjust immediately to changes in the price level
(B) nominal wages adjust slowly when there is unemployment
(C) both nominal wages and prices adjust slowly to changes in aggregate demand
(D) the spending multiplier is very low
(E) investment demand is very responsive to
changes in interest rates

User Austin R
by
5.5k points

1 Answer

1 vote

Answer:

Wages and other costs fully adjust to changes in prices in the long run.

Step-by-step explanation:

User Quasiben
by
5.8k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

6.5m questions

8.6m answers

Other Questions

In a double-blind experiment, the researcher does not know which a. variable is the independent variable b. subjects are in the control group c. hypothesis is being tested d. research design is being used.
Why did the plane crash? Any answers welcome.
Consider the polar curve defined by the function r(theta=theta cos(theta where 0 is less than or equal to theta and theta is less than or equal to 3pi/2
Help please!! this is for psychology sorry it's blurry
If Earth were located where Mars is in space, the temperature of Earth would A) be significantly higher. B) be significantly lower. C) be about the same. D) flucuate greatly.
Link Copied!