Consider the three theories of the upward slope of the short-run aggregate-supply curve. a. according to the sticky-wage theory, the economy recovers from a recession as nominal wages are adjusted so that real wages . true or false: b. according to the sticky-price theory, the economy is in a recession because people expect prices to rise quickly in a recession. true false c. according to the misperceptions theory, the economy is in a recession when the price level is above what was expected. true false

What is one counter argument to the premise that the wealth gap is a serious problem which needs to be addressed?

Tl & co. is following a related-linked diversification strategy, and soar inc. is following a related-constrained diversification strategy. how do the two firms differ from each other? a. soar inc. generates 70 percent of its revenues from its primary business, while tl & co. generates only 10 percent of its revenues from its primary business. b. soar inc. pursues a backward diversification strategy, while tl & co. pursues a forward diversification strategy. c. tl & co. will share fewer common competencies and resources between its various businesses when compared to soar inc. d. tl & co. pursues a differentiation strategy, and soar inc. pursues a cost-leadership strategy, to gain a competitive advantage.

Consider a consumer who is contemplating a new automobile purchase. she has narrowed her decision down to two brands, honda accord and ford taurus. she has identified gas mileage, price, warranty, and styling to be important attributes to consider in her decision