
Macroeconomics + Economy 2009 Update 18th Edition by Campbell McConnell, Sean Masaki Flynn,Stanley Brue
Edition 18ISBN: 9780077354237
Macroeconomics + Economy 2009 Update 18th Edition by Campbell McConnell, Sean Masaki Flynn,Stanley Brue
Edition 18ISBN: 9780077354237 Exercise 23
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
Increase in availability of domestic res...
Macroeconomics + Economy 2009 Update 18th Edition by Campbell McConnell, Sean Masaki Flynn,Stanley Brue
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