The "Asymmetry" in the Behaviour of the AS Curve Implies

question 49

Multiple Choice

The "asymmetry" in the behaviour of the AS curve implies that

• A)unemployment can persist for a while without causing large decreases in wages and prices.
• B)wages are very flexible in the downward direction.
• C)wages and prices are equally sticky in both directions.
• D)booms can persist for a long time without causing increases in wages and prices.
• E)prices are sticky but wages are not.

Know the environmental impact of refrigerants, particularly the effects on the ozone layer.

Understand the safety precautions and tools required for servicing A/C systems.

Grasp the principles of pressure and temperature relations in A/C systems.

Identify correct refrigerant management practices including recovery, recycling, and retrofitting.

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