Multiple Choice
The supply of real GDP is a function of
A) the quantities of labor, capital and the state of technology.
B) the sum of wages, salaries, corporate profits, rents and interest.
C) the total expenditures of consumers, investors and government.
D) only the state of technology.
Correct Answer:

Verified
Correct Answer:
Verified
Q44: If the world economy expands so that
Q244: In the short run, a supply shock
Q328: The quantity of real GDP supplied depends
Q330: A short-run macroeconomic equilibrium occurs<br>A) at the
Q331: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6802/.jpg" alt=" -The data in
Q333: The positive relationship between short-run aggregate supply
Q334: An increase in foreign incomes<br>A) decreases aggregate
Q335: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6802/.jpg" alt=" -In the above
Q336: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6802/.jpg" alt=" -Based on the
Q337: If the money price of a resource