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bus204_3_shouse_brandy_6-t

bus204_3_shouse_brandy_6-t - Brandy Shouse Bus 204_3_unit 6...

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Brandy Shouse                      Bus 204_3_unit 6              November 2, 2010                                                                 1 See comments below             5 points out of   5 for  Correct APA format including correct file  name     1 0 points out of 10 for  thorough  and accurate textbook definition of all terms    1 0 points out of 15 for  Reasonably accurate explanations of most  terms     4 points out of   5 for  references  present and citations  correct on most   answers   2 9 points out of 35 for  TOTAL GRADE of 82.86%       Brandy Shouse Bus 204_3 Unit 6 Enrico DiGiammarino Jr November 2, 2010
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Brandy Shouse                      Bus 204_3_unit 6              November 2, 2010                                                                 2 Name: Brandy Shouse Course: Bus 204 Section: 3 Unit: 6 Date: November 2, 2010 Define key terms “Sticky” nominal wages that are slow to fall even in the face of high unemployment and slow to rise even in the face of labor shortages. This means that the nominal wages are slow to fall even if faces with high unemployment . correct Long Run Aggregate Supply Curve shows the relationship between the aggregate price level and the quantity of aggregate output supplied in the short run, the period in which many production costs such as nominal wages are fixed. This means when the price level and the output supplied are in short run the prices will be fixed  Not  quite correct – or not fully explained  Long run aggregate 
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