Keynesian Model, Macroeconomics

Assignment Help:
according to the Keynesian model, the short-run aggregate supply curve is horizontal when:
A: there are unemployed resources and prices do not fall when aggregate demands falls.
B:prices react to an aggregate demand shock but real GDP does not.
or C: real GDP is at full capacity but prices are not flexible.

Related Discussions:- Keynesian Model

Trade unions, what reasons limit the bargaining power of trade union in dev...

what reasons limit the bargaining power of trade union in developing countries

Energy supply, What happens to the extraction path if the choke price falls...

What happens to the extraction path if the choke price falls

Economic system: protectionism and free trade, why is international trade i...

why is international trade important for South Africa?

Effects of an oil price shock - empirically analyses, This paper empiricall...

This paper empirically analyses the effect of oil price shocks on key macroeconomic indicators in the United Kingdom.The aim of the paper is to establish a relationship between oil

State in detail the macroeconomic policy, State the macroeconomic policy ...

State the macroeconomic policy The view that macroeconomic policy must only focus on supply-side performance of economy and should ignore management of the demand side is an ex

Employment, the production of 200 units of consumer goods and 300 units of ...

the production of 200 units of consumer goods and 300 units of capital goods : a) indicates full employment b) may be a result of unemployment c) may be impossible for now d)

Effect of a tax on ice cream, Show the market for cigarettes paying particu...

Show the market for cigarettes paying particular attention to the price elasticity of demand and supply. What would happen to the total expenditure on cigarettes if there was a tax

Stimulate aggregate demand, The graph shows that if policymakers respond im...

The graph shows that if policymakers respond immediately to an oil price shock by stimulating aggregate demand, shifting AD to AD* then the level of output will remain constant. Th

Rent control agency of new york city, The rent control agency of New York C...

The rent control agency of New York City has found that market demand is QD=100-5P With quantity measured in tens of though sands of apartments and price, the monthly rental rate,

State about the international capital flow, State about the international c...

State about the international capital flow An international capital flow is defined as movement of money for the purpose of speculation or investment between countries. It inc

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd