Top Posters
Since Sunday
o
3
3
G
3
c
3
q
3
m
3
j
3
s
2
b
2
j
2
u
2
j
2
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
Loraine Loraine
wrote...
Go to Answer
Posts: 4563
Rep: 33 0
9 years ago
When the price level rises and the money wage rate does not change,
A) the quantity of real GDP supplied increases as more businesses start up and potential GDP does not change.
B) the quantity of real GDP supplied decreases as more businesses fail and potential GDP does not change.
C) profits fall and more businesses fail.
D) existing businesses do not change their level of output.
E) the quantity of potential GDP increases because the quantity of real GDP supplied increases.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 215 times
1 Reply
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
Replies
Answer verified by a subject expert
SydnieSydnie
wrote...
#1
Top Poster
Posts: 3807
Rep: 458 1
9 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Loraine Author
wrote...

9 years ago
Thanks for your help!!
patod1
wrote...

Yesterday
This site is awesome
dri
wrote...

2 hours ago
Thank you, thank you, thank you!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1120 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 2184
  
 328
  
 420
Your Opinion
What's your favorite math subject?
Votes: 315
Previous poll results: Who will win the 2024 president election?