Which of these is not assumed to be constant along a short-run aggregate supply curve?
What will be an ideal response?
the actual price level
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Are credit cards or debit cards money? Explain your answer
What will be an ideal response?
Explain what money income is and why it is less inclusive than "economic income"
What will be an ideal response?
All of the following are possible explanations for the fact that on average women earn lower wages than men in the United States except:
A. women are more productive than men on average. B. women enter and leave the labor force more frequently than men, causing them on average to have less experience and a lower productivity than men. C. women choose to work in low-wage industries. D. women are discriminated against in labor markets.
Market supply is the horizontal sum of the individual MC curves above the AVC in a perfectly competitive market.
Answer the following statement true (T) or false (F)