Multiple Choice
Which of the following would cause an increase in the price level in the long run?
A) The number of workers in the labor force increases.
B) Net exports decrease.
C) Investment increases.
D) Natural resources increase.
E) There is a temporary increase in the price of oil.
Correct Answer:

Verified
Correct Answer:
Verified
Q24: Refer to the following figure to answer
Q25: Economic growth in the rest of the
Q26: Which of the following is true?<br>A) Long-run
Q27: An increase in investment spending can be
Q28: If consumers decide to save a larger
Q30: How many recessions have there been in
Q31: Shifts in the aggregate demand curve are
Q32: Aggregate supply describes a relationship between<br>A) spending
Q33: An increase in the general price level
Q34: When U.S.goods become more expensive relative to