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

What are the important tools of making decisions, What are the important to...

What are the important tools of making decisions? Making Decisions: a. How economists model decision making through individuals and firms b. Implicit costs and Explicit-C

National income, # ???? .. difference between gdp at market price and nnp...

# ???? .. difference between gdp at market price and nnp at factor cost

BANK, HOW CAN CENTRAL BANK INFLUENCE THE STABILITY OF THE BANKING SYSTEM?

HOW CAN CENTRAL BANK INFLUENCE THE STABILITY OF THE BANKING SYSTEM?

Determine velocity approach to money demand, Determine Velocity Approach to...

Determine Velocity Approach to Money Demand. The Velocity Approach to Money Demand: The velocity of money: V = (P × Y)/ M The real quantity of money demanded is pr

Welfare economic, Write the compensation principal of socitovsky

Write the compensation principal of socitovsky

Total cost of linear equation, The total cost C of producing x units of som...

The total cost C of producing x units of some commodity is a linear function. Records show that on one occasion, 100 units were made at a total cost of $200, and on another occasio

State the both -cyclical and classical unemployment, State the both -Cyclic...

State the both -Cyclical and Classical unemployment Cyclical unemployment Unemployment because of a recession. Classical unemployment Unemployment because of

Circular flow of income in an open economy, explain the effects of various ...

explain the effects of various injections and withdrawals and show the equilibrium in the circular flow

Groth model, what role does interst rate play in refernce to output?

what role does interst rate play in refernce to output?

What do you mean by wage inflation, Q. What do you mean by Wage inflation? ...

Q. What do you mean by Wage inflation? We will develop the Keynesian model removing the assumption of fixed nominal wages. We state wage inflation p w as the percentage averag

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