76 408
Assignments Done
Successfully Done
In May 2019

Answer to Question #63536 in Macroeconomics for Hans

Question #63536
The positively sloped (but not vertical) AS curve ...

Select one or more:
a. is not consistent with agents who have perfect foresight.
b. is implied by some rigidities in the labor or goods market.
c. can be consistent with perfect competiton on the goods market.
d. is implied by full price flexibility in the neoclassical model.
e. is implied by the Keynesian assumption that prices do not change at all.
Expert's answer

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!


No comments. Be first!

Leave a comment

Ask Your question

Privacy policy Terms and Conditions