Aggregate Supply Depends on _____

question 37

Multiple Choice

Aggregate supply depends on _____

• A) what sort of macroeconomic course policy makers are expected to pursue.
• B) the inflationary expectations of firms and workers.
• C) short-run output and employment.
• D) having discretionary policies in place to stimulate aggregate demand.
• E) having passive policies in place to stimulate aggregate demand.

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Definitions:

Fixed Assets

Durable, physical assets utilized in running a business, which are not foreseen to be cashed in or used up in the near term.

Research And Development

Actions associated with the development, launch, and enhancement of products and processes.

Operating Expenses

Costs associated with running a business's core operations on a daily basis, excluding the cost of goods sold.

Current Assets

Assets that are cash or can be converted into cash within a year, including cash, accounts receivable, and inventory.