The short run aggregate supply curve shows the relationship between a the

The short run aggregate supply curve shows the

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30.The short-run aggregate supply curve shows the relationship between a.the general level of prices and the quantity of goods and services that domestic firms will supply.b.the interest rate and the quantity of goods and services that domestic firms will supply.c.the money supply and the quantity of goods and services that domestic firms will supply.d.the general level of prices and the quantity of goods and services purchased by all consumers in the economy. ____31.The short-run aggregate supply curve (SRAS) slopes upward to the right because unexpected increases in prices will ____32.As the U.S. price level rises relative to price levels in other countries, what would happen in the U.S.? ____33.If a currency depreciates, a country's net exports ____34.Which of the following helps explain why the aggregate quantity demanded of goods and services is inverselyrelated to prices within the framework of the AD/AS model? a.As prices fall, the wealth of people holding the fixed quantity of money increases, causing them to expand their purchases of goods and services.b.As prices fall, the government will have to reduce taxes, which will lead to an increase in the quantity of goods and services purchased.c.As prices fall, domestic consumers have an incentive to buy more of the cheaper goods and services.d.As prices fall, the monetary authorities will have to increase the money supply, which will lead to an increase in the quantity of goods and services purchased.____35.The vertical long-run aggregate supply curve reflects the fact that in the long run, an increase in the price level ____
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