TRUE or FALSE, and explain, Macroeconomics

1.the AD curve represents at the same time the demand for goods, money and labor in the economy
2.in the AS-AD model, higher competition among producers leads to a medium run equilibrium with higher output, lower interest rate and lower price level.
3.in the AS-AD model, lower bargaining power for workers in the market of labor leads to a medium run equilibrium with higher income, lower interest rate and lower price level.
Posted Date: 11/13/2012 9:57:56 PM | Location : China







Related Discussions:- TRUE or FALSE, and explain, Assignment Help, Ask Question on TRUE or FALSE, and explain, Get Answer, Expert's Help, TRUE or FALSE, and explain Discussions

Write discussion on TRUE or FALSE, and explain
Your posts are moderated
Related Questions
A sample of 60 mutual funds was taken and the mean return in the sample was 13% with a standard deviation of 6.9%. The return on a particular index of stocks (against which the mut

The economy of Macroland has a balanced budget with fixed government expenditures G = 150 and T = 150. Investment is autonomous: I = 200. The consumption function is the foll

ACCOUNTING SYSTEM-EXAMPLE Let us now introduce a complication. There are three firms in the production sector. The Fruit Extracts Company manufactures from raw fruit, fruit ext

Relate overnight interest rates with interest rates By controlling overnight interest rates, the central bank will affect the interest rates with longer maturity. The reason f

What is the difference between 'quantity supplied' and 'supply'?  There is a distinction among supply and quantity supplied. Supply explains the behavior of sellers at every pr

Q. What do you meant by Investment? When we use the word investment, we characteristically mean 'gross investment'. Fundamentally, gross investment comprises all finished goods

Government revenue, government spending and net exports  G, NT and NX are exogenous variables in the classical model In the classical model (and

i need help comparing real values in the base year dollars

Consider the following utility function: U = X 1 X 2 Where X 1 and X 2 are quantities consumed of two goods. You are considering the actions of a consumer that maxi

All other things being held constant, what is the change in the dependent variable for a unit change in the first independent variable for the multiple regression equation: ? = 5.2