If the average interval between firmrsquos price, Ask an Expert

Economics

If the average interval between? firm’s price adjustments is relatively? short,

A. an increase in aggregate demand will cause a relatively? short-lived increase in real GDP.

B. a reduction in aggregate demand will cause a relatively? long-lived reduction in real GDP.

C. an increase in aggregate demand will cause a relatively? long-lived increase in real GDP.

D. both B and C

View complete question

Business Economics, Economics

Category:- Business Economics
Reference No.:- M91676205

Have any Question?Write your Review or question?

Related Questions in Business Economics

Could you please help me to solve the following economics

Could you please help me to solve the following economics question? "Universal Studios has decided to open a new theme park called Universal Studios Indiana. It will feature the usual attractions other Universal Studios ...

Assume the following probabilitiespcustomer makes a

Assume the following probabilities: P(Customer makes a purchase) = 0.500 P(Customer does not make a purchase) = 1- 0.500 Compute the probability that both customers purchase (# purchases = 2), and enter your answer with ...

What happens if wages and prices adjust very quickly in

What happens if wages and prices adjust very quickly in response to various shocks to the economy? Does this make business cycle, expansions and contractions in the economy, shorter or longer?

Suppose we can only sample from uniform distribution 01

Suppose we can only sample from Uniform distribution (0,1) with k=3. Design an algorithm to simulate chi-square distribution with 2k freedom via general transformation method.

An assembly plant receives its voltage regulator from two

An assembly plant receives its voltage regulator from two different suppliers: 75 percent comes from Hayes Voltage Co. and 25 percent comes from Roming Voltage Co. The percentage of voltage regulators from Hayes that per ...

Suppose that the demand curve for tickets to see a football

Suppose that the demand curve for tickets to see a football team play a game is given by Q = 80,000 - 40P and marginal cost is zero. The team's stadium can host 75,000 fans. 1) How many tickets would the team sell if it ...

Leprosy also called hansens disease is a disease produced

Leprosy, also called Hansen's disease, is a disease produced by infection with a bacterium called Mycobacterium leprae. It has a long incubation period (time between getting infected and developing the disease), usually ...

Charlies utility function is ua b ab where a and b are the

Charlie's utility function is U(A, B) = AB, where A and B are the numbers of apples and bananas, respectively, that he consumes. When Charlie is consuming 20 apples and 80 bananas, if we put apples on the horizontal axis ...

Suppose the elasticity of money demand with respect to

Suppose the elasticity of money demand with respect to income is 2/3. If the money supply increases by 10% and output increases by 4.5%, while the real interest rate and the expected inflation rate are unchanged, then th ...

While doing data entry you realize that you have made a big

While doing data entry, you realize that you have made a big mistake. every data value in your mistaken dataset is ten points less than it should have been. The standard deviation of the mistaken dataset was 201.2. You c ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Economics Expert