According to this Application, a common belief is that fiscal multipliers are ________ during ________

All of the following can cause conflict between divisions EXCEPT

a. Coordination between divisions does not benefit all divisions equally b. managers of cost centers care too little about enhancing revenues c. managers are rewarded only for actions that profit their own division generates, regardless of the effects on other divisions d. corporate executives cannot tell when one divisional manager's decisions are appropriate or not

Which of the following is true of the aggregate supply curve?

a. It shows the inverse relationship between prices and national output. b. It shows the positive relationship between the price level and the supply of all goods produced in the economy. c. It shows the amount of real GDP consumed at different price levels. d. It is a negatively sloped curve that shows the relationship between the price level and the cost of production of firms in the economy. e. It shows the positive relationship between price and quantity supplied of an individual good.