Which of the following best describes the short-run Aggregate Supply (AS) curve in the presence of sticky wages?
In the presence of sticky wages, the short-run Aggregate Supply (AS) curve is upward sloping because as prices increase, firms can hire more workers at the existing wage rate, leading to an increase in output. In the case where both wages and prices are sticky then AS is horizontal and when both are flexible AS is vertical.
India's first 3D printed post office building has been inaugurated in which city?
Which of the following combination of three bank allowed by government to provide financial services in overseas procurement done by the department?
Which article of the Indian Constitution specifies that the official language of the Union shall be Hindi in Devanagari script?
'Skills on Wheels' initiative has been launched by which ministry?
Where was the world's largest carbon capture plant "Mammoth" recently inaugurated?
Consider the following pairs:
-ACIO-Tier-1/1701841242-IBimage3.PNG)
Consider the following statements regarding ‘Mosaic Viruses:
Statement-I: Tomato mosaic virus (ToMV) belongs to the Virgaviridae family and...
Which country has recently taken on the Chair of the Colombo Process for the first time for the term 2024-26?
Which publication won the Pulitzer Prize for Public Service in 2024?
Which of the following is the largest gland in the human body and plays a crucial role in metabolism, detoxification, and the production of important bi...
