the only reason open market operations work is because prices are sticky. true, false, or uncertain?...

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the only reason open market operations work is because prices are sticky. true, false, or uncertain?...

the only reason open market operations work is because prices are sticky. true, false, or uncertain? explain

business economics

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Answer 1

Answer #1

True.

In short run prices are sticky, which means the aggregate supply cannot be increased because as it is dependent on productive capacity (land, labor and other factors of production), hence the shape of aggregate supply curve is upward sloping.

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Answer 2

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the only reason open market operations work is because prices are sticky. true, false, or uncertain?...

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the only reason open market operations work is because prices are sticky. true, false, or uncertain?...

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