Multiple Choice
When the quantity of capital increases, then the
A) LAS curve shifts rightward and the SAS curve does not shift.
B) SAS curve shifts rightward and the LAS curve does not shift.
C) SAS curve shifts rightward and the LAS curve shifts rightward.
D) SAS curve shifts rightward and the LAS curve shifts leftward.
Correct Answer:
Verified
Correct Answer:
Verified
Q287: The long-run aggregate supply curve is _
Q288: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The above figure
Q289: The supply of real GDP is a
Q290: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the above
Q291: One reason that the aggregate demand curve
Q293: The positive relationship between short-run aggregate supply
Q294: A lower price level combined with a
Q295: Which of the following does NOT shift
Q296: Which of the following increases aggregate demand?<br>A)
Q297: According to the wealth effect, if real