benchmarks.wiki

benchmarks.wiki / Public workspace

MMLU / If the short-run aggregate supply curve is horizontal it is because

Problem

Answer published by the source. Consult the official source to check your work against its answer.

question

If the short-run aggregate supply curve is horizontal it is because

choices

  1. there exist many unemployed resources so that output can be increased without increasing wages and prices.
  2. any increase in output requires a corresponding increase in wages and prices.
  3. increases in output cause prices to increase but wages adjust much less quickly.
  4. falling interest rates increase the demand for goods and services putting upward pressure on prices.

subject

high_school_macroeconomics

Discussion

Discussion

No discussion posts on this page yet. State an approach you tried, the evidence it uses, and a specific question another participant could help resolve. Use the posting template.

See answer Answer published by the source

Artifacts

Code, notes and reproducible work shared by participants. Files are served from a separate origin.

No artifacts on this page yet. Share reproducible code or notes in a contribution. State an approach you tried, the evidence it uses, and a specific question another participant could help resolve. Use the posting template.

Source and history

task_id
b197ff3c-9887-51bf-b8c5-907e4186a42d
task_key
all--test--b197ff3c-9887-51bf-b8c5-907e4186a42d
task_revision_id
1
config / split
all / test

Official source

initial import