Which of the following statements is true about a short term aggregate supply curve?

A. only the real output (y) will change in the sras

B. the sras is a fixed point and cannot be fixed

C. the curve can shift to the left or the right base on prices or output

D. the aggregate demand is the sum of prices and output

Which of the following statements accurately describes how costs and benefits are calculated?

Which of the following is an example of the use of fiscal policy by the u.s. government? a. congress makes it illegal for the police union to go on strike. b. the federal reserve bank lowers the interest rate on loans to corporations. c. the department of transportation increases spending on highway repairs. d. the supreme court rules that unions have the right to collective bargaining. 2b2t

Down under products, ltd., of australia has budgeted sales of its popular boomerang for the next four months as follows: unit salesapril 74,000may 85,000june 114,000july 92,000the company is now in the process of preparing a production budget for the second quarter. past experience has shown that end-of-month inventory levels must equal 10% of the following month’s unit sales. the inventory at the end of march was 7,400 units.required: prepare a production budget by month and in total, for the second quarter.