Multiple Choice
Over a long period of time,perhaps many years,changes in real GDP come primarily from
A) upward shifts of the AS curve.
B) upward shifts of the AE curve.
C) rightward shifts of the AD curve.
D) continuous increases in potential GDP.
E) leftward shifts of the AD curve.
Correct Answer:
Verified
Correct Answer:
Verified
Q23: The diagram below shows alternate paths for
Q24: Which of the following equations is a
Q25: Suppose most of the world's population would
Q26: "Embodied technical change" is said to occur
Q27: Compared to Neoclassical growth theory,newer "endogenous growth"
Q29: An important social cost of economic growth
Q30: Consider the long-run theory of investment,saving,and growth.For
Q31: The Neoclassical growth model assumes that,with a
Q32: Consider the following table for a hypothetical
Q33: The growth of "total factor productivity," or