Business

13 May, 10:10

Looking at the globalized AS/AD model, the economy can exceed potential output without generating accelerating goods inflation because:

Select one:

a. the world price level puts a cap on the domestic price level.

b. the domestic price level always exceeds the world price level.

c. the world price level always exceeds the domestic price level.

d. the LRAS curve is no longer vertical.

+4

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question 👍 “Looking at the globalized AS/AD model, the economy can exceed potential output without generating accelerating goods inflation because: ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.

Search for Other Answers

You Might be Interested in

On January 1, 2017, Flint Corporation sold a building that cost $266,270 and that had accumulated depreciation of $109,830 on the date of sale. Flint received as consideration a $256,270 non-interest-bearing note due on January 1, 2020.

What do you think is the biggest personal reward of being a manager? What is the biggest potential 'downside' of being a manager?

Zipcar's top management established a goal of expanding operations into north america. managers then needed to determine the north american locations in which they would choose to do business.

Paradise Co., budgets on an annual basis for its fiscal year. The following beginning and ending inventory levels (in units) are planned for the fiscal year January 1 through December 31: January 1st December 31st Raw material units * 40,000 50,000

What is a subset of potential customers that are perceived to have common needs and interests?

New Questions in Business

Yakov left his job as a plumber when his wife took a position in another region. the quantity of plumbing services demanded is considerably lower in the new region, in part because of high union-negotiated wages.

Luthan Company uses a plantwide predetermined overhead rate of $23.20 per direct labor-hour. This predetermined rate was based on a cost formula that estimated $278,400 of total manufacturing overhead cost for an estimated activity level of 12,000

Sweet Cream is an ice cream manufacturer. It sells Guilt-Free, a zero-calorie ice cream, which competes with Flavor Bell's Moo Sweet, a low-calorie ice cream. Flavor Bell reduces Moo Sweet's prices to match Guilt-Free's prices.

Which of the following is NOT considered to be one of the three primary functions that all organizations perform? A. finance/accounting B. research and development C. production/operations D. marketing

If someone pays medical expenses directly to the provider, such as a doctor or hospital, what percentage of the gift is exempt from gift tax?