subject
Business, 30.04.2021 03:50 hHRS3607

When SRAS1 shifts to SRAS2​, the price level increases and the level of real GDP falls. What happens to the​ short-run Phillips curve when the​ short-run aggregate supply curve shifts​ (a supply​ shock)? A. It shifts up such that a given level of unemployment occurs at a lower price level. B. It shifts down such that a given level of unemployment occurs at a higher price level. C. It shifts down such that a given level of unemployment occurs at a lower price level. D. It shifts up such that a given level of unemployment occurs at a higher price level.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 09:00
You speak to a business owner that is taking in almost $2000 in revenue each month. the owner still says that they are having trouble keeping the doors open. how can that be possible? use the terms of revenue, expenses and profit/loss in your answer
Answers: 3
question
Business, 22.06.2019 10:10
Karen is working on classifying all her company’s products in terms of whether they have strong or weak market share and whether this share is in a slow or growing market. what type of strategic framework is she using?
Answers: 2
question
Business, 22.06.2019 13:20
Last year, johnson mills had annual revenue of $37,800, cost of goods sold of $23,200, and administrative expenses of $6,300. the firm paid $700 in dividends and had a tax rate of 35 percent. the firm added $2,810 to retained earnings. the firm had no long-term debt. what was the depreciation expense?
Answers: 2
question
Business, 22.06.2019 17:30
What is one counter argument to the premise that the wealth gap is a serious problem which needs to be addressed?
Answers: 1
You know the right answer?
When SRAS1 shifts to SRAS2​, the price level increases and the level of real GDP falls. What happens...
Questions
question
Mathematics, 18.02.2021 07:30
question
Mathematics, 18.02.2021 07:30
question
Biology, 18.02.2021 07:30
question
Mathematics, 18.02.2021 07:30
question
Mathematics, 18.02.2021 07:30
question
Biology, 18.02.2021 07:30
Questions on the website: 13722367