
Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
Edition 20ISBN: 978-0077660772
Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
Edition 20ISBN: 978-0077660772 Exercise 33
All else equal, an increase in domestic resource availability will:
A) increase input prices, reduce aggregate supply, and increase real output.
B) raise labor productivity, reduce interest rates, and lower the international value of the dollar.
C) increase net exports, increase investment, and reduce aggregate demand.
D) reduce input prices, increase aggregate supply, and increase real output.
A) increase input prices, reduce aggregate supply, and increase real output.
B) raise labor productivity, reduce interest rates, and lower the international value of the dollar.
C) increase net exports, increase investment, and reduce aggregate demand.
D) reduce input prices, increase aggregate supply, and increase real output.
Explanation
Hence, by process of elimination, the co...
Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
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