Solved

Suppose a Country’s Population Is Growing Due to Immigration

Question 74

Multiple Choice

Suppose a country’s population is growing due to immigration. In the long run, output will ________due to ________.


A) increase; an increase in both long-run and short-run aggregate supply
B) increase; an increase in long-run aggregate supply
C) increase; an increase in aggregate demand
D) increase; an increase in short-run aggregate supply
E) remain unaffected; price adjustment

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions