TRUE or FALSE, and explain, Macroeconomics

Assignment Help:

1.the AD curve represents at the same time the demand for goods, money and labor in the economy
2.in the AS-AD model, higher competition among producers leads to a medium run equilibrium with higher output, lower interest rate and lower price level.
3.in the AS-AD model, lower bargaining power for workers in the market of labor leads to a medium run equilibrium with higher income, lower interest rate and lower price level.

Related Discussions:- TRUE or FALSE, and explain

Principles of macroeconomics, what is the company lidted in NASDAQ that is ...

what is the company lidted in NASDAQ that is included in the dow jones industrial average

Economic cost of your business annually, Suppose that you decide to leave y...

Suppose that you decide to leave your current job(with a salary of $60,000) to start your own business in a building (with a market value of $400,000) you already own. You pay $45,

Money, what effect would a rise in the velocity of money have on output, em...

what effect would a rise in the velocity of money have on output, employment and price level?

Open market policy, describe how open market policy can be used to stimulat...

describe how open market policy can be used to stimulate economic activity in the country

Economic analysistenets of tenets, One of the main tenets of economic analy...

One of the main tenets of economic analysis is that people act in their own narrow interests. Why, then, do people leave tips in restaurants? If a study were to compare the size of

What is gross national product, What is Gross National Product? Gross...

What is Gross National Product? Gross National Product (GNP): It measures the value of output produced through a country is citizens anywhere within the world, in a speci

Theories of international trade, comparison between neoclassical factor end...

comparison between neoclassical factor endowment theory of international trade and classical labor cost theory of comparative advantage

Compute the lost social welfare, Consider a market where supply and demand ...

Consider a market where supply and demand are given by QXS = -18 + PX and QXd = 90 - 2PX. Suppose the government imposes a price floor of $41, and agrees to purchase any and all un

Theory of consumption, briefly explain with keynesian consumption?

briefly explain with keynesian consumption?

Market structures, illustrate and discuss the implications of variou market...

illustrate and discuss the implications of variou market structures (competitive and noncompetitive) for price determination

Write Your Message!

Name

Email id

Message

Verfication Code

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!

Submit Assignment

User Account

All Pages