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The immediate short run aggregate supply it last as inputs prices stay fixed sta

ID: 1207276 • Letter: T

Question

The immediate short run aggregate supply it last as inputs prices stay fixed stay fixed and output prices increase short run Aggregate supply is a period during which output prices are fixed and input prices are either totally fixed or highly in flexible long run Aggregate supply when input prices are fixed the outcomes is full employment cycle the immediate short run Aggregate supply period is eighteen months. A is true b is true c is True D is True labor supply increases as pension income causes workers to continue working salaries and wages make up about 75% of all business costs immigration supply substantial results in a decreases in labor supply the supply of land resources increases increase the price per unit production cost a is True B is True C is True D is true labor supply increases as pension income causes older workers to continue working salaries and wages make up about 75% of all business costs immigration supply substantial results in a labor

Explanation / Answer

21) A, B are true

22) None of them appear to be true

23) B&C appear to be true