Multiple Choice
In which situation would the long-run aggregate-supply curve shift left?
A) if the number of immigrants increases
B) if there is substantial flooding
C) if the government removes some environmental regulations that limit production methods
D) if trade barriers are removed
Correct Answer:
Verified
Correct Answer:
Verified
Q39: Suppose that there has been bad weather
Q40: Scenario 14-1<br>The economy is in long-run equilibrium.
Q41: Which expenditure item is responsible for the
Q42: Which statement best characterizes the long-run aggregate-supply
Q43: Why is the aggregate-supply curve upward sloping
Q45: Which of the following is NOT a
Q46: What happens when the dollar appreciates?<br>A) Canadian
Q47: An increase in the money supply raises
Q48: Suppose a stock market crash makes people
Q49: What is NOT included in aggregate demand?<br>A)