Re: DSE-2009

Posted by vaibhy on Jun 06, 2010; 2:36am
URL: http://discussion-forum.276.s1.nabble.com/DSE-2009-tp5138086p5144523.html

Ans to Q18 is that due to wage rigidity AS curve is horizontal because the household can not realize the expected rise in prices and are willing to supply at the constant wage rate in short run