Exposure to the very high intensity electromagnetic fields found in the immediate vicinity of certain sources such as radar installations and TV or radio transmitters can produce electrical shock or a variety of heating effects, which may range from a sensation of warmth to burns and eventual cataract formation.
S 1 is a vertical, perfectly inelastic, supply curve. This represents 'momentary' supply. In most industries, if a firm was asked to produce a large order immediately, it simply would not be able to do it, regardless of the price offered for the order. Supply is perfectly inelastic in the very short run.
D) increases as the quantity of money in the economy increases. E) is the level of real GDP when unemployment is zero. Topic: Aggregate Supply. 9) A vertical long-run aggregate supply curve indicates that. A) an increase in the price level will permit the economy to achieve a higher level of output.