Economics Mcqs
Q Suppose the price level falls but because of fixed nominal wage contracts the real wage rises and firms cut back on production This is a demonstration of the ?
  • A A. Sticky-wage theory of the short-run aggregate supply curve
  • B B. Classical dichotomy theory of the short-run aggregate supply curve
  • C C. Misperceptions theory of the short-run aggregate supply curve
  • D D. Sticky-price theory of the short run aggregate supply curve
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Word of the Day
24 Jul
Untenable
(especially of a position or view) not able to be maintained or defended against attack or objection.
Ω†Ψ§Ω‚Ψ§Ψ¨Ω„ مدافعΨͺ، غیر Ω…Ψ³ΨͺΨ­Ϊ©Ω…ΨŒ جو Ψ―Ω„ΫŒΩ„ Ψ³Ϋ’ Ψ«Ψ§Ψ¨Ψͺ نہ ہو Ψ³Ϊ©Ϋ’

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