Keynes believed that wages and prices were sticky. therefore, a rightward shift of the aggregate demand curve would cause
a. an increase in the unemployment level.
b. a change in the long-run aggregate supply curve.
c. a decrease in the level of income.
d. an increase in employment, production, and income.

Hours to produce one unit worker hours to produce yarn country a 8 hours country b 4 hours worker hours to produce fabric counrty a 12 hours country b 13 hours additional worker hours to produce fabric instead of yarn country a ? country b? which of the follow is true of the trade relationship between country a and country b? country a has an absolute advantage in producing yarn and fabric country b has an absolute advantage in producing yarn and fabric country b has a comparative advantage to country a in producing fabric country a has a comparative advantage to country b in producing fabric

Apopular low-cost airline, parson corp., has gone out of business. although the service and price provided by the airline was what customers wanted, the larger airlines were able to drive the low-cost airline out of business through an aggressive price war. which component of the competitive environment does this illustrate? a) threat of new entrants b)competitors c) economic factors d) customers d) regulators

Emerson has an associate degree based on the chart below how will his employment opportunities change from 2008 to 2018